Utkarsh Small Finance Bank Siwan Siwan Bihar MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Siwan Siwan Bihar

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MICR Code
Bank Utkarsh Small Finance Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Raghunathpur
Contact 7070895569
Bank Details Utkarsh Small Finance Bank Raghunathpur UTKS0001316
Location Siwan, Siwan
City Siwan
District Siwan
State Bihar
Pincode 841504
Country IN
Address Tauji no 3712,thana no 384,khata no 613,survey no1798,area 06 khata no 2,dhur 10 katha,vill-raghunathpur,sabji bazar,dis- siwan,pin code-841504
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 841762204 for Raghunathpur branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 841762204 of Utkarsh Bank, Raghunathpur branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Raghunathpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Utkarsh Small Finance Bank are available with micr code -

>>Deuriya >>Raghunathpur >>Siwan >>Tarwara >>Tarwara Mod Siwan

MICR code for Utkarsh Small Finance Bank Raghunathpur

Utkarsh Small Finance Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Utkarsh Bank MICR code for Raghunathpur is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 841762204 is the MICR code of Utkarsh Small Finance Bank for Raghunathpur branch. MICR code for Raghunathpur branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Utkarsh Bank Raghunathpur is presented in the table alongside.

Use of Utkarsh Bank MICR code for Raghunathpur branch in siwan

The MICR code 841762204 is used in RBI cheque clearing process to identify the branch Raghunathpur and Utkarsh Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Utkarsh Small Finance Bank is typically in either of these two font’s: E-138 and CMC-7.

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