Union Bank Cuttack Cuttack Orissa MICR CODE

Find MICR Codes for Union Bank Cuttack Cuttack Orissa

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Cuttack Osbc Ec
Contact 671-2608563
Bank Details Union Bank Of India Cuttack Osbc Ec UBIN0920801
Location Cuttack, Cuttack
City Cuttack
District Cuttack
State Orissa
Pincode 753002
Country IN
Address High court premises, kacheri road, cuttack 753002
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 Cuttack Osbc Ec 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, Cuttack Osbc Ec branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Cuttack Osbc Ec branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Union Bank Cuttack Osbc Ec

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 Cuttack Osbc Ec 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 Cuttack Osbc Ec branch. MICR code for Cuttack Osbc Ec 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 Cuttack Osbc Ec is presented in the table alongside.

Use of Union Bank Of India MICR code for Cuttack Osbc Ec branch in cuttack

The MICR code 0 is used in RBI cheque clearing process to identify the branch Cuttack Osbc Ec 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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