Utkarsh Small Finance Bank Raipur Raipur Chhattisgarh MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Raipur Raipur Chhattisgarh

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MICR Code
Bank Utkarsh Small Finance Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Raipur
Contact 7712427055
Bank Details Utkarsh Small Finance Bank Raipur UTKS0001400
Location Raipur, Raipur
City Raipur
District Raipur
State Chhattisgarh
Pincode 492001
Country IN
Address Ground floor,17by 2 gore parisar,civil lines,raipur,chhatisgarh,pin 492001
MICR Code
Bank Utkarsh Small Finance Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Raipur
Contact 7247244801
Bank Details Utkarsh Small Finance Bank Raipur UTKS0001317
Location Raipur, Raipur
City Raipur
District Raipur
State Chhattisgarh
Pincode 492001
Country IN
Address Vasundhranagar, changorabhata house no a/34 ring road, raipur, pin 492001
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 492762001 for Raipur 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 492762001 of Utkarsh Bank, Raipur branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Raipur 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 -

>>Abhanpur >>Arang >>Raipur >>Raipur >>Shankar Nagar Raipur

MICR code for Utkarsh Small Finance Bank Raipur

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 Raipur 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. 492762001 is the MICR code of Utkarsh Small Finance Bank for Raipur branch. MICR code for Raipur 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 Raipur is presented in the table alongside.

Use of Utkarsh Bank MICR code for Raipur branch in raipur

The MICR code 492762001 is used in RBI cheque clearing process to identify the branch Raipur 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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