Union Bank Bareilly Bareilly Uttar Pradesh MICR CODE

Find MICR Codes for Union Bank Bareilly Bareilly Uttar Pradesh

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Adarsh Mandi Asthal Bareli
Contact (0581)-2315532,2531031
Bank Details Union Bank Of India Adarsh Mandi Asthal Bareli UBIN0544191
Location Bareilly, Bareilly
City Bareilly
District Bareilly
State Uttar Pradesh
Pincode 243122
Country IN
Address Adarsh mandi sthal pilibhit road post izzatnagar dist. Bareilly uttar pradesh pin 243122
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 243026003 for Adarsh Mandi Asthal Bareli branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 243026003 of Union Bank Of India, Adarsh Mandi Asthal Bareli branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Adarsh Mandi Asthal Bareli branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Union Bank Adarsh Mandi Asthal Bareli

Union Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Union Bank Of India MICR code for Adarsh Mandi Asthal Bareli is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 243026003 is the MICR code of Union Bank for Adarsh Mandi Asthal Bareli branch. MICR code for Adarsh Mandi Asthal Bareli branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Union Bank Of India Adarsh Mandi Asthal Bareli is presented in the table alongside.

Use of Union Bank Of India MICR code for Adarsh Mandi Asthal Bareli branch in bareilly

The MICR code 243026003 is used in RBI cheque clearing process to identify the branch Adarsh Mandi Asthal Bareli and Union Bank Of India bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Union Bank is typically in either of these two font’s: E-138 and CMC-7.

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