Union Bank Hoshiarpur Dasuya Punjab MICR CODE

Find MICR Codes for Union Bank Hoshiarpur Dasuya Punjab

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dasuya
Contact 1883-288105
Bank Details Union Bank Of India Dasuya UBIN0912433
Location Hoshiarpur, Dasuya
City Hoshiarpur
District Dasuya
State Punjab
Pincode 144205
Country IN
Address Hoshiarpur chowk,near pnb,g.t.road,dasuya 144205.dist hosiarpur,punjab
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 Dasuya 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, Dasuya branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Dasuya 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 -

>>Dasuya

MICR code for Union Bank Dasuya

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

Use of Union Bank Of India MICR code for Dasuya branch in hoshiarpur

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