Union Bank Dharwad Hublidharwad Karnataka MICR CODE

Find MICR Codes for Union Bank Dharwad Hublidharwad Karnataka

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Anchatageri
Contact 836-2202081
Bank Details Union Bank Of India Anchatageri UBIN0914916
Location Dharwad, Hublidharwad
City Dharwad
District Hublidharwad
State Karnataka
Pincode 580024
Country IN
Address Karwar road, anchatageri village, hubli taluk, dharwad district580024
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 0 for Anchatageri 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 0 of Union Bank Of India, Anchatageri branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Anchatageri branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Union Bank Of India are available with micr code -

>>Anchatageri >>Dharwad >>Hubli Aravind Nagar >>Hubli Hdsth Ec >>Hubli Housing Finance >>Hubli Ncm >>Hubli Retail Loan Hub >>Hubli Vidya Nagar Pbb >>Hublidurgadbail >>Hublinavanagar

MICR code for Union Bank Anchatageri

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 Anchatageri 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. 0 is the MICR code of Union Bank for Anchatageri branch. MICR code for Anchatageri 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 Anchatageri is presented in the table alongside.

Use of Union Bank Of India MICR code for Anchatageri branch in dharwad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Anchatageri 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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