Utkarsh Small Finance Bank Shanichari
Shanichari · West Champaran, Bihar
845762020 is the MICR code for the Shanichari branch of Utkarsh Small Finance Bank, located in West Champaran, Bihar. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code UTKS0002116.
Bank
Utkarsh Small Finance Bank
Branch & Address
Shanichari
Utkarsh Small Finance Bank Ltd.lauriya-bettiah Road Nearsanichari Thana Sanichari-goradistrict-west Champaranbihar-845450
West Champaran, Shanichari Gora Bihar, Bihar
MICR Code Structure
845
City
762
Bank
020
Branch
City code 845 identifies the RBI clearing centre, bank code 762 identifies Utkarsh Small Finance Bank, and branch code 020 identifies this specific branch.
Online Payment Methods Supported
Other Utkarsh Small Finance Bank branches near West Champaran
Other banks in West Champaran, Bihar
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (UTKS0002116) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 845762020 is in the middle, and your account number is on the right.