Utkarsh Small Finance Bank Bokaro Bokaro Jharkhand MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Bokaro Bokaro Jharkhand

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Utkarsh Small Finance Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gumia
Contact	0
Bank Details	Utkarsh Small Finance Bank Gumia UTKS0001898

Location	Bokaro, Bokaro
City	Bokaro
District	Bokaro
State	Jharkhand
Pincode	829111
Country	IN
Address	Jharkhad, pincode - 829111

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 Gumia 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, Gumia branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Gumia branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Utkarsh Small Finance Bank are available with micr code -

>>Bokaro >>Chas >>Gumia

MICR code for Utkarsh Small Finance Bank Gumia

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

Use of Utkarsh Bank MICR code for Gumia branch in bokaro

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