Union Bank Devgad Sindudurg Maharashtra MICR CODE

Find MICR Codes for Union Bank Devgad Sindudurg 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 Devgad (Dist Sindhugurg)
Contact (02364)-262231
Bank Details Union Bank Of India Devgad (Dist Sindhugurg) UBIN0537730
Location Devgad, Sindudurg
City Devgad
District Sindudurg
State Maharashtra
Pincode 416613
Country IN
Address 277 malu road bazarpeth at post deogad dist sindhudurg pin 416613 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 Devgad (Dist Sindhugurg) 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, Devgad (Dist Sindhugurg) branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Devgad (Dist Sindhugurg) 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 -

>>Devgad (Dist Sindhugurg)

MICR code for Union Bank Devgad (Dist Sindhugurg)

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 Devgad (Dist Sindhugurg) 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 Devgad (Dist Sindhugurg) branch. MICR code for Devgad (Dist Sindhugurg) 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 Devgad (Dist Sindhugurg) is presented in the table alongside.

Use of Union Bank Of India MICR code for Devgad (Dist Sindhugurg) branch in devgad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Devgad (Dist Sindhugurg) 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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