Union Bank Visakhapatnam Vishakapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Union Bank Visakhapatnam Vishakapatnam Andhra Pradesh

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MICR Code	530026002
Bank	Union Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Dwarka Nagar Visakhapatnam
Contact
Bank Details	Union Bank Of India Dwarka Nagar Visakhapatnam UBIN0550612

Location	Visakhapatnam, Vishakapatnam
City	Visakhapatnam
District	Vishakapatnam
State	Andhra Pradesh
Pincode	530016
Country	IN
Address	Mohan mansion, 1st floor, d.no.47-7-30/24th lane, dwarka nagar, visakhapatnam,andhra pradesh, pin - 530 016.

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 530026002 for Dwarka Nagar Visakhapatnam 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 530026002 of Union Bank Of India, Dwarka Nagar Visakhapatnam branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Dwarka Nagar Visakhapatnam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Union Bank Of India are available with micr code -

>>Dwarka Nagar Visakhapatnam >>Gandhi Institute Of Technology And Mangt. >>Gopalapatnam >>M.V.P. Colony Visakhapatnam >>Paderu >>Service Br. Visakhapatanam >>Siripuram >>Thummapala >>Visakhapatnam Main >>Visakhapatnam Ssi Finance Branch

MICR code for Union Bank Dwarka Nagar Visakhapatnam

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 Dwarka Nagar Visakhapatnam 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. 530026002 is the MICR code of Union Bank for Dwarka Nagar Visakhapatnam branch. MICR code for Dwarka Nagar Visakhapatnam 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 Dwarka Nagar Visakhapatnam is presented in the table alongside.

Use of Union Bank Of India MICR code for Dwarka Nagar Visakhapatnam branch in visakhapatnam

The MICR code 530026002 is used in RBI cheque clearing process to identify the branch Dwarka Nagar Visakhapatnam 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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