Union Bank Carmona South Goa Goa MICR CODE

Find MICR Codes for Union Bank Carmona South Goa 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 Carmona
Contact (0832) 2744606
Bank Details Union Bank Of India Carmona UBIN0557676
Location Carmona, South Goa
City Carmona
District South Goa
State Goa
Pincode 403717
Country IN
Address Kirbhat, near janot bazaarcarmona, salcette,
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 403026014 for Carmona 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 403026014 of Union Bank Of India, Carmona branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Carmona 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 -

>>Carmona

MICR code for Union Bank Carmona

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 Carmona 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. 403026014 is the MICR code of Union Bank for Carmona branch. MICR code for Carmona 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 Carmona is presented in the table alongside.

Use of Union Bank Of India MICR code for Carmona branch in carmona

The MICR code 403026014 is used in RBI cheque clearing process to identify the branch Carmona 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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