![]() The cause of delay, the weather there is a problem from the sender end, if there is any link failure or if it is bank’s internal problem due to which there is a delay on your transaction, they can find everything out very easily. If you provide the UTR number to your bank, the bank can easily track down your transaction details. The UTR will generate at the end of the person who is sending the money. Then you can ask your sender for the UTR number. However, with the help of this Unique Transaction Reference number, one can check on all the details regarding the delays on a transaction.įor example, if someone sends you money in your bank account but you did not receive any money on your end. Why do we need a UTR number?Īs the UTR number is unique for every transaction you make, it helps the consumer to track their transition status. The reference number also helps the bank and the government to monitor any money transaction other than the person sending it and the person on the receiving end. Other details might be the same in any two transactions, but the UTR number will always be different. Every transaction has a UTR number that makes it different from every transaction you make. UTR number is a unique transaction number that the banks generate with every transaction you make through any channel. ![]() In this article, we are going to know everything about the UTR number. The name of this may vary with different transaction methods. UTR number is a unique transaction reference number generated with every transaction you do in India.
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