Union Bank East Godavari Rajahmundry Andhra Pradesh MICR CODE

Find MICR Codes for Union Bank East Godavari Rajahmundry 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 Danavaipeta
Contact 883-2446888
Bank Details Union Bank Of India Danavaipeta UBIN0929671
Location East Godavari, Rajahmundry
City East Godavari
District Rajahmundry
State Andhra Pradesh
Pincode 533103
Country IN
Address Door no 46 20 15 beside chinna anjaneya swamy temple danavaipeta rajahmundry 533 103 east godavari
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 Danavaipeta 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, Danavaipeta branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Danavaipeta branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Union Bank Danavaipeta

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

Use of Union Bank Of India MICR code for Danavaipeta branch in east godavari

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