Utkarsh Small Finance Bank Mahgama Godda Jharkhand MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Mahgama Godda Jharkhand

Bank
State
District
City
Branch
Address

MICR Code	814762203
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	Mahgama
Contact	7766913417
Bank Details	Utkarsh Small Finance Bank Mahgama UTKS0001431

Location	Mahgama, Godda
City	Mahgama
District	Godda
State	Jharkhand
Pincode	814154
Country	IN
Address	Lic office building,post - mahgama,dist - godda,jharkhand,pin code - 814154

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 814762203 for Mahgama 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 814762203 of Utkarsh Bank, Mahgama branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Mahgama 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 -

>>Mahgama

MICR code for Utkarsh Small Finance Bank Mahgama

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 Mahgama 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. 814762203 is the MICR code of Utkarsh Small Finance Bank for Mahgama branch. MICR code for Mahgama 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 Mahgama is presented in the table alongside.

Use of Utkarsh Bank MICR code for Mahgama branch in mahgama

The MICR code 814762203 is used in RBI cheque clearing process to identify the branch Mahgama 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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