Union Bank North Goa Anjuna Goa MICR CODE

Find MICR Codes for Union Bank North Goa Anjuna Goa

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Anjuna Goa
Contact 832-2273352
Bank Details Union Bank Of India Anjuna Goa UBIN0905542
Location North Goa, Anjuna
City North Goa
District Anjuna
State Goa
Pincode 403509
Country IN
Address Our lady of health chapel complex, mazalvaddo, anjuna po goa 403509
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 Anjuna Goa 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, Anjuna Goa branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Anjuna Goa branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Union Bank Of India are available with micr code -

>>Anjuna Goa

MICR code for Union Bank Anjuna Goa

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 Anjuna Goa 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 Anjuna Goa branch. MICR code for Anjuna Goa 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 Anjuna Goa is presented in the table alongside.

Use of Union Bank Of India MICR code for Anjuna Goa branch in north goa

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