Utkarsh Small Finance Bank Bhubaneswar Bhubaneswar Orissa MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Bhubaneswar Bhubaneswar Orissa

MICR Code
Bank Utkarsh Small Finance Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhubaneswar
Contact
Bank Details Utkarsh Small Finance Bank Bhubaneswar UTKS0001537
Location Bhubaneswar, Bhubaneswar
City Bhubaneswar
District Bhubaneswar
State Orissa
Pincode 751015
Country IN
Address Ground floor,n6/323 irc villagejaydev vihar,district khorda p.o.irc village,p.s.nayapall bhubaneswar,odhisha pin - 751015
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 Bhubaneswar 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, Bhubaneswar branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Bhubaneswar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Utkarsh Small Finance Bank are available with micr code -

>>Baramunda >>Bhubaneswar

MICR code for Utkarsh Small Finance Bank Bhubaneswar

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 Bhubaneswar 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 Bhubaneswar branch. MICR code for Bhubaneswar 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 Bhubaneswar is presented in the table alongside.

Use of Utkarsh Bank MICR code for Bhubaneswar branch in bhubaneswar

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