Utkarsh Small Finance Bank New Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank New Delhi New Delhi New Delhi

MICR Code
Bank Utkarsh Small Finance Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lajpatnagar
Contact 8755731000
Bank Details Utkarsh Small Finance Bank Lajpatnagar UTKS0001401
Location New Delhi, New Delhi
City New Delhi
District New Delhi
State New Delhi
Pincode 110024
Country IN
Address Ground floor k-91 laipat nagar -il delhi-110024
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 110762009 for Lajpatnagar 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 110762009 of Utkarsh Bank, Lajpatnagar branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Lajpatnagar 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 -

>>Lajpatnagar >>Pusa Road >>Shivalik New Delhi

MICR code for Utkarsh Small Finance Bank Lajpatnagar

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 Lajpatnagar 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. 110762009 is the MICR code of Utkarsh Small Finance Bank for Lajpatnagar branch. MICR code for Lajpatnagar 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 Lajpatnagar is presented in the table alongside.

Use of Utkarsh Bank MICR code for Lajpatnagar branch in new delhi

The MICR code 110762009 is used in RBI cheque clearing process to identify the branch Lajpatnagar 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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