Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 845762020 belongs to Utkarsh Small Finance Bank, Shanichari branch in West Champaran, Bihar. The matching IFSC code is UTKS0002116.
How to read MICR 845762020
845: the city code. It usually follows the first digits of the area's PIN code; here it is West Champaran.
762: the bank code, the same for every branch of Utkarsh Small Finance Bank in cheque clearing.
020: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (UTKS0002116 for this branch).
Before you deposit or write a cheque
Check that the MICR on the cheque matches the branch printed at the top of the leaf.
Use a CTS-2010 cheque; older formats are no longer cleared.
Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 845762020 belong to?
Utkarsh Small Finance Bank, Shanichari branch (West Champaran, Bihar).
What is the IFSC code for MICR 845762020?
UTKS0002116.
What do the digits of 845762020 mean?
845 is the city code, 762 the bank code and 020 the branch code.
