Every bank in India uses UTR numbers for all local modes of money transfer and they are beneficial for recipients in case there has been no recent update or credit corresponding to your transaction.

What is utr number in neft transaction icici bank. You can also contact the bank to know if the NEFT transaction status has been completed. Means Unique Trasaction Reference Number and it is generally used in association with NEFT transactions done through bank. Similarly another transaction of the amount 5650 on 24 Sep 2009 has also not been updated in ICICI bank with UTR number.

All banks in India use UTR numbers for all types of money transfer. The term UTR No. The funds transferred using RTGS are deposited within two hours in the beneficiary account.

Check this post. RTGS Internet Banking - Applicable for NRIs as well. 3 Contact the bank.

UTR is helpful in tracking transactions as one UTR number cannot be found in two different transactions. A UTR number unique transaction reference is a unique reference code that is attached to every transfer sent to India. No charges to savings bank account customers for online NEFT transactions.

Every UTR number is unique and each is generated to identify each fund transfer. IFSC Code 11 CHAR 13. The format of the UTR number for RTGS transactions is XXXXRCYYYYMMDD where.

A UTR or Unique Transaction Reference number is a reference number for identifying an NEFT IMPS or RTGS transaction. UTR number is 22 characters long for RTGS and 16 characters long for NEFT. RTGS stands for Real-Time Gross Settlement and under RTGS the fund transfers are immediately processed.