Utkarsh Small Finance Bank Rayagada Chandili Orissa MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Rayagada Chandili Orissa

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MICR Code
Bank Utkarsh Small Finance Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chandili
Contact 0
Bank Details Utkarsh Small Finance Bank Chandili UTKS0001891
Location Rayagada, Chandili
City Rayagada
District Chandili
State Orissa
Pincode 765017
Country IN
Address Near nagavali river amalabhata j.k.pur chandili post office-penta raygada odisha pin-765017
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.

Search Utkarsh Small Finance Bank MICR Codes in chandili

You can search through MICR Codes of Orissa branches in rayagada of District chandili in Orissa State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Chandili

How to find MICR codes for Utkarsh Small Finance Bank in rayagada?

Utkarsh Small Finance Bank rayagada MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Utkarsh Bank MICR codes list for rayagada, one can further search by branch name specified in the table. You can find MICR codes for all Utkarsh Small Finance Bank rayagada branches.

Utkarsh Bank MICR code in rayagada

Utkarsh Small Finance Bank MICR code is a character recognition technology used by banks in the processing of cheques. Utkarsh Bank MICR code for rayagada branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Utkarsh Small Finance Bank branches in rayagada, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Utkarsh Small Finance Bank MICR code for rayagada branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Utkarsh Small Finance Bank rayagada branch, sprinted 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. Thus MICR code for Utkarsh Bank rayagada branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Utkarsh Small Finance Bank MICR codes for rayagada branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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