What is Unique Transaction Reference UTR Number in case of RTGS and NEFT

Описание к видео What is Unique Transaction Reference UTR Number in case of RTGS and NEFT

Unique Transaction Reference UTR Number generated whenever any customer make any inter bank transaction.
UTR number represent some information and in this video i have decoded that information.

For example : on 25 Feb 2021, i have done one NEFT whose UTR Number is
SBINH21056300025

Here how we can decode the UTR Number :

The first 4 characters – Sending Bank i.e. SBIN

5 Character - H – Branch Message P – Backend

6 &7 – Current Year i.e. 21

8,9,&10 - Day (001 for 1st Jan and 365 for 31st Dec.) i.e 25 Feb 21

11 t o 16 characters: Unique reference number, starting from 300001 on daily basis for SBI CBS branches.


Murari Garg
  / murarigarg  

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