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Utkarsh Small Finance Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Nagpur Nagpur Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	440762002
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	Lakadganj
Contact	9766938390
Bank Details	Utkarsh Small Finance Bank Lakadganj UTKS0001379

Location	Nagpur, Nagpur
City	Nagpur
District	Nagpur
State	Maharashtra
Pincode	440008
Country	IN
Address	Ground floor honey arjun kaushalya tower plot no 268 central avenue road lakadganj nagpur 440008

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 440762002 for Lakadganj 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 440762002 of Utkarsh Bank, Lakadganj branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Lakadganj branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Utkarsh Small Finance Bank are available with micr code -

>>Hingna >>Khamlanagpur >>Lakadganj >>Mankapur >>Nagpur >>Nandanvan

MICR code for Utkarsh Small Finance Bank Lakadganj

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 Lakadganj 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. 440762002 is the MICR code of Utkarsh Small Finance Bank for Lakadganj branch. MICR code for Lakadganj 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 Lakadganj is presented in the table alongside.

Use of Utkarsh Bank MICR code for Lakadganj branch in nagpur

The MICR code 440762002 is used in RBI cheque clearing process to identify the branch Lakadganj 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.