Utkarsh Small Finance Bank Chandigarh Chandigarh Chandigarh MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Chandigarh Chandigarh Chandigarh

Bank
State
District
City
Branch
Address

MICR Code	160762004
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	Sec D Chandigarh
Contact	0
Bank Details	Utkarsh Small Finance Bank Sec D Chandigarh UTKS0001560

Location	Chandigarh, Chandigarh
City	Chandigarh
District	Chandigarh
State	Chandigarh
Pincode	160036
Country	IN
Address	Ground floor,sco-378 sector-37 d chandigarh-160036

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 160762004 for Sec D Chandigarh 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 160762004 of Utkarsh Bank, Sec D Chandigarh branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Sec D Chandigarh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Utkarsh Small Finance Bank are available with micr code -

>>Chandigarh Sector C >>Sec D Chandigarh

MICR code for Utkarsh Small Finance Bank Sec D Chandigarh

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 Sec D Chandigarh 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. 160762004 is the MICR code of Utkarsh Small Finance Bank for Sec D Chandigarh branch. MICR code for Sec D Chandigarh 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 Sec D Chandigarh is presented in the table alongside.

Use of Utkarsh Bank MICR code for Sec D Chandigarh branch in chandigarh

The MICR code 160762004 is used in RBI cheque clearing process to identify the branch Sec D Chandigarh 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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