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. It is a unique number that is generated for recognizing any fund transfer and is created by the bank that facilitates the transfer. XXXX is IFSC first 4 characters - bank code of a sender R represents RTGS system C represents channel of the transaction. A UTR or Unique Transaction Reference number is a reference number for identifying an NEFT IMPS or RTGS transaction.

NEFT UTR Number is generated by banks for a successful transaction. For FT NEFT RTGS 12. RTGS stands for Real-Time Gross Settlement and under RTGS the fund transfers are immediately processed.

Credit Account Number Beneficiary Account No. No charges to savings bank account customers for online NEFT transactions. 1900 hours 0000 hours and 0000 hours 0100 hours.

The exact format of the number can differ according to payment method. Track NEFTRTGS Transaction. In India UTR number means Unique Transaction Reference number.

UTR numbers are generated by banks for every type of financial transaction whether it be NEFT RTGS bank passbooks online bank statements or even UPI like in this case. 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. Check this post.

UTR is helpful in tracking transactions as one UTR number cannot be found in two different transactions. Dear Sir I had transferred 5650 rupees from my citibank account protected to another persons ICICI bank account numberprotected. Unique Transaction Number helps to monitor the financial transactions.