Utkarsh Small Finance Bank Gotegaon Narsinghpur Madhya Pradesh MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Gotegaon Narsinghpur Madhya Pradesh

MICR Code
Bank Utkarsh Small Finance Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gotegaon
Contact 7024156723
Bank Details Utkarsh Small Finance Bank Gotegaon UTKS0001200
Location Gotegaon, Narsinghpur
City Gotegaon
District Narsinghpur
State Madhya Pradesh
Pincode 487118
Country IN
Address First floor,khasara no 86,main road,neharu ward,gotegaon,district - narsinghpur,madhya pradesh,pin code-487118
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 487762001 for Gotegaon 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 487762001 of Utkarsh Bank, Gotegaon branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Gotegaon 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 -

>>Gotegaon

MICR code for Utkarsh Small Finance Bank Gotegaon

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 Gotegaon 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. 487762001 is the MICR code of Utkarsh Small Finance Bank for Gotegaon branch. MICR code for Gotegaon 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 Gotegaon is presented in the table alongside.

Use of Utkarsh Bank MICR code for Gotegaon branch in gotegaon

The MICR code 487762001 is used in RBI cheque clearing process to identify the branch Gotegaon 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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