A UTR or Unique Transaction Reference Number, is a unique code that helps track your bank transfers, especially for NEFT or RTGS transactions. The UTR number digits are 16 for NEFT and 22 characters for RTGS. this number serves a lot of purposes; hence, you better be aware of every detail and importance of this number. Let me share what I know about it here.
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In UTR Number How Many Digits are There?
Usually, in most banks, the UTR number has 16 digits for NEDT and 22 characters for RTGS. I have an Axis Bank account and there it is 16 digits long for NEFT and 22 characters long for RTGS. This number consists of the
Bank’s code
Transaction type
Channel date and
Sequence number
You can easily find the UTR number on your
Passbook
Bank statement
Or find it by
Logging into your net banking portal or
Your bank’s official app
As for the uses, let me tell you that this UTR number is used for
Tracking the transaction details
To maintain accurate financial records
This number helps tax auditors track if the right amount has been debited or credited
UTR numbers also serve as concrete proof of transactions
So these are all the details I know about the UTR number and I hope these will be helpful to you.
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How to Check utr number in SBI?
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How Many Digits in UTR Number?
DineshH
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1
8 months
2024-09-30T16:07:45+00:00 2024-09-30T16:07:45+00:00Comment
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