Union Bank Gadag Nargund Karnataka MICR CODE

Find MICR Codes for Union Bank Gadag Nargund Karnataka

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nargund
Contact 8377-245246
Bank Details Union Bank Of India Nargund UBIN0931233
Location Gadag, Nargund
City Gadag
District Nargund
State Karnataka
Pincode 582207
Country IN
Address Asuti complex,first floor, cts no 1904c1 a3,hubli solapur road,near basaveshwar circle, naragund582207,karnataka
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.

Search Union Bank MICR Codes in nargund

You can search through MICR Codes of Karnataka branches in gadag of District nargund in Karnataka State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Union Bank Of India are available with micr code -

>>Nargund

How to find MICR codes for Union Bank in gadag?

Union Bank gadag MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Union Bank Of India MICR codes list for gadag, one can further search by branch name specified in the table. You can find MICR codes for all Union Bank gadag branches.

Union Bank Of India MICR code in gadag

Union Bank MICR code is a character recognition technology used by banks in the processing of cheques. Union Bank Of India MICR code for gadag branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Union Bank branches in gadag, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Union Bank MICR code for gadag branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Union Bank gadag branch, sprinted 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. Thus MICR code for Union Bank Of India gadag branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Union Bank MICR codes for gadag branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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