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Utkarsh Small Finance Bank Patna Patna Bihar MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Patna Patna Bihar

MICR Code
Bank Utkarsh Small Finance Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Fraser Road
Contact 7000467856
Bank Details Utkarsh Small Finance Bank Fraser Road UTKS0001353
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800001
Country IN
Address Ground floor1,fraser road town,south gandhi maidan,patna,bihar -800001
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 800762006 for Fraser Road 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 800762006 of Utkarsh Bank, Fraser Road branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Fraser Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Utkarsh Small Finance Bank are available with micr code -

>>Bakhtiyarpur >>Barh >>Barni >>Bihta >>Danapur >>Doctors Colony Kankarbagh >>Fatuha >>Fraser Road >>Kankarbagh >>Maner >>Ramkrishna Nagar Patna >>Saguna More

MICR code for Utkarsh Small Finance Bank Fraser Road

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 Fraser Road 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. 800762006 is the MICR code of Utkarsh Small Finance Bank for Fraser Road branch. MICR code for Fraser Road 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 Fraser Road is presented in the table alongside.

Use of Utkarsh Bank MICR code for Fraser Road branch in patna

The MICR code 800762006 is used in RBI cheque clearing process to identify the branch Fraser Road 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.