Utkarsh Small Finance Bank Yavatmal Urban Yavatmal Maharashtra MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Yavatmal Urban Yavatmal Maharashtra

MICR Code
Bank Utkarsh Small Finance Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Yavatmal Urban
Contact 7722024944
Bank Details Utkarsh Small Finance Bank Yavatmal Urban UTKS0001168
Location Yavatmal Urban, Yavatmal
City Yavatmal Urban
District Yavatmal
State Maharashtra
Pincode 445304
Country IN
Address C/o sachin bhoyar plot no 3/2 raviraj nagar,near savitribai fule high school mahajan college road vadgaon yavatmal pin -445001
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 445762002 for Yavatmal Urban 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 445762002 of Utkarsh Bank, Yavatmal Urban branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Yavatmal Urban 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 -

>>Yavatmal Urban

MICR code for Utkarsh Small Finance Bank Yavatmal Urban

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 Yavatmal Urban 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. 445762002 is the MICR code of Utkarsh Small Finance Bank for Yavatmal Urban branch. MICR code for Yavatmal Urban 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 Yavatmal Urban is presented in the table alongside.

Use of Utkarsh Bank MICR code for Yavatmal Urban branch in yavatmal urban

The MICR code 445762002 is used in RBI cheque clearing process to identify the branch Yavatmal Urban 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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