|
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, branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.
>>Acharya Nagarjuna Univ. Campus >>Agricultural Market Guntur >>Arundalpet Currency Chest >>Arundelpet >>At Agraharam >>Autonagarguntur >>Brindavan Gardens Guntur >>Brodipet Guntur >>Cggb Guntur >>Cggb Head Office >>Cggb Head Office >>Cggb Kandlakunta >>Cggb Paluvoi >>Cggb Pasumarru >>Cggb Sivareddy Palem Road >>Chaitanya Godavari Grameena Bank >>Chandra Moulinagar >>Chinakakani >>Chowdavaram >>Gorantla >>Guntur >>Guntur Arundalpet Lic Of India Ec >>Guntur Lakshmipuram >>Guntur Main >>Guntur Main >>Guntur Municipal Corporation >>Hindu College Campus >>Jkc College Branch >>Kannavarithota Guntur >>Koretipadu Guntur >>Kothapet Guntur >>Kothapeta Guntur >>Lakshmipuram Currency Chest >>Lakshmipuram Guntur >>Medical College Branch >>Nadikudi >>Nellore >>Old Guntur Guntur >>Patnam Bazar Guntur >>Pattabhipuram >>Pattabhipuram Guntur >>Regional Office Guntur >>Srinagar Colony >>Syamalanagar >>Union Loan Point Guntur
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 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 branch. MICR code for 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 is presented in the table alongside.
The MICR code 0 is used in RBI cheque clearing process to identify the branch 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.