Utkarsh Small Finance Bank Raniganj Araria Bihar MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Raniganj Araria Bihar

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MICR Code	854762002
Bank	Utkarsh Small Finance Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Raniganj
Contact	7463842224
Bank Details	Utkarsh Small Finance Bank Raniganj UTKS0001336

Location	Raniganj, Araria
City	Raniganj
District	Araria
State	Bihar
Pincode	854334
Country	IN
Address	Village - barbana raniganj, paragana - haveli, p.s.- raniganj, diwantola, raniganj, district - arariya, state - bihar, 854334, khata no - 287, khesara no-982 and 1013, thana no-64

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 854762002 for Raniganj 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 854762002 of Utkarsh Bank, Raniganj branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Raniganj branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Utkarsh Small Finance Bank are available with micr code -

>>Raniganj

MICR code for Utkarsh Small Finance Bank Raniganj

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 Raniganj 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. 854762002 is the MICR code of Utkarsh Small Finance Bank for Raniganj branch. MICR code for Raniganj 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 Raniganj is presented in the table alongside.

Use of Utkarsh Bank MICR code for Raniganj branch in raniganj

The MICR code 854762002 is used in RBI cheque clearing process to identify the branch Raniganj 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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