Union Bank Gandinagar Indore Madhya Pradesh MICR CODE

Find MICR Codes for Union Bank Gandinagar Indore Madhya 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 Gandinagar
Contact 2882235
Bank Details Union Bank Of India Gandinagar UBIN0544809
Location Gandinagar, Indore
City Gandinagar
District Indore
State Madhya Pradesh
Pincode 453112
Country IN
Address Union bank of india, gandhi nagar (dist. Indore), 8, paras ram marg, at & post gandhinagar, dist. Indore, madhya pradesh,, pin - 453 112.
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 indore

You can search through MICR Codes of Madhya Pradesh branches in gandinagar of District indore in Madhya Pradesh 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 -

>>Gandinagar

How to find MICR codes for Union Bank in gandinagar?

Union Bank gandinagar 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 gandinagar, one can further search by branch name specified in the table. You can find MICR codes for all Union Bank gandinagar branches.

Union Bank Of India MICR code in gandinagar

Union Bank MICR code is a character recognition technology used by banks in the processing of cheques. Union Bank Of India MICR code for gandinagar 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 gandinagar, 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 gandinagar 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 gandinagar 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 gandinagar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Union Bank MICR codes for gandinagar 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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