Union Bank Chikaldhara Amravati Maharashtra MICR CODE

Find MICR Codes for Union Bank Chikaldhara Amravati Maharashtra

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chikaldhara
Contact (07220)-230235
Bank Details Union Bank Of India Chikaldhara UBIN0532347
Location Chikaldhara, Amravati
City Chikaldhara
District Amravati
State Maharashtra
Pincode 444807
Country IN
Address Chikaldhara municipality, at & post chikaldhara, dist.amravati, pin - 444 807. Maharashtra.
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 Chikaldhara 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, Chikaldhara branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Chikaldhara 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 -

>>Chikaldhara

MICR code for Union Bank Chikaldhara

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

Use of Union Bank Of India MICR code for Chikaldhara branch in chikaldhara

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