Union Bank Srikakulam Arasavalli Srikakulam Andhra Pradesh MICR CODE

Find MICR Codes for Union Bank Srikakulam Arasavalli Srikakulam Andhra 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 Arasavalli
Contact 0-8942228866
Bank Details Union Bank Of India Arasavalli UBIN0821110
Location Srikakulam, Arasavalli Srikakulam
City Srikakulam
District Arasavalli Srikakulam
State Andhra Pradesh
Pincode 532401
Country IN
Address Kalinga road arasavalli srikakulam dist 532401
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 Arasavalli 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, Arasavalli branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Arasavalli 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 -

>>Arasavalli

MICR code for Union Bank Arasavalli

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 Arasavalli 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 Arasavalli branch. MICR code for Arasavalli 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 Arasavalli is presented in the table alongside.

Use of Union Bank Of India MICR code for Arasavalli branch in srikakulam

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