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Ujjivan Bank Badnagar Badnagar Madhya Pradesh MICR CODE

Find MICR Codes for Ujjivan Bank Badnagar Badnagar Madhya Pradesh

MICR Code
Bank Ujjivan Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Badnagar
Contact 0
Bank Details Ujjivan Small Finance Bank Limited Badnagar UJVN0002317
Location Badnagar, Badnagar
City Badnagar
District Badnagar
State Madhya Pradesh
Pincode 456771
Country IN
Address Ground floor,plot no.35& 36 diversion road,jawahar nagar badnagar 456771 badnagar ujjain madhya pradesh
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 Badnagar 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 Ujjivan Small Finance, Badnagar branch makes the system almost error free and faster. Use of Ujjivan Small Finance MICR codes for Badnagar branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Badnagar

MICR code for Ujjivan Bank Badnagar

Ujjivan Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Ujjivan Small Finance MICR code for Badnagar 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 Ujjivan Finance Bank for Badnagar branch. MICR code for Badnagar 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 Ujjivan Small Finance Badnagar is presented in the table alongside.

Use of Ujjivan Small Finance MICR code for Badnagar branch in badnagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Badnagar and Ujjivan Small Finance 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 Ujjivan Finance Bank is typically in either of these two font’s: E-138 and CMC-7.