Utkarsh Small Finance Bank Silao Bihar Sharif Bihar MICR CODE

Find MICR Codes for Utkarsh Small Finance Bank Silao Bihar Sharif Bihar

Bank
State
District
City
Branch
Address

MICR Code	803762005
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	Silao
Contact	9102992766
Bank Details	Utkarsh Small Finance Bank Silao UTKS0001246

Location	Silao, Bihar Sharif
City	Silao
District	Bihar Sharif
State	Bihar
Pincode	803117
Country	IN
Address	Sakin usha niwash, ekangarsarai, bihar sharif road nh-110, dist. Nalanda, pin code 801301

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 803762005 for Silao 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 803762005 of Utkarsh Bank, Silao branch makes the system almost error free and faster. Use of Utkarsh Bank MICR codes for Silao 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 -

>>Silao

MICR code for Utkarsh Small Finance Bank Silao

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 Silao 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. 803762005 is the MICR code of Utkarsh Small Finance Bank for Silao branch. MICR code for Silao 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 Silao is presented in the table alongside.

Use of Utkarsh Bank MICR code for Silao branch in silao

The MICR code 803762005 is used in RBI cheque clearing process to identify the branch Silao 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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