What is a UTR Number? Importance, Features, and How to Find It?

Akhil Sharma24 Jan, 2025Technology

UTR is a unique identifier assigned to each transaction commonly used in NEFT, RTGS, and IMPS. The full form is a unique transaction reference number. It helps track, identify, and resolve issues related to transactions. It is usually made up of 22 alphanumeric characters that contain a bank code, transaction date, and a unique serial number. Use Cases of UTR Number 1. Payment Proof 2. Tax Compliance 3. Accounting 4. Tracking Transaction