Utkarsh Small Finance Bank Palghar Vasai West Palghar Maharashtra MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Palghar Vasai West Palghar Maharashtra

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MICR Code
Bank Utkarsh Small Finance Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vasai West
Contact 0
Bank Details Utkarsh Small Finance Bank Vasai West UTKS0001721
Location Palghar, Vasai West Palghar
City Palghar
District Vasai West Palghar
State Maharashtra
Pincode 401202
Country IN
Address Shop no.1 and 2 ground floor,ashok nagar chs ambadi road,vasai west 401202
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 0 for Vasai West 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 0 of Utkarsh Bank, Vasai West branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Vasai West 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 -

>>Vasai West

MICR code for Utkarsh Small Finance Bank Vasai West

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 Vasai West 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. 0 is the MICR code of Utkarsh Small Finance Bank for Vasai West branch. MICR code for Vasai West 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 Vasai West is presented in the table alongside.

Use of Utkarsh Bank MICR code for Vasai West branch in palghar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vasai West 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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