Union Bank Valsad Ghumarwin Gujarat MICR CODE

Find MICR Codes for Union Bank Valsad Ghumarwin Gujarat

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ghumarwin
Contact 260-2373755
Bank Details Union Bank Of India Ghumarwin UBIN0919195
Location Valsad, Ghumarwin
City Valsad
District Ghumarwin
State Gujarat
Pincode 174021
Country IN
Address Opp.him sarvodaya senior secondary school,v.p.o ghumarwin,shimlahamirpur highway 88,distbilaspur himachal pradesh174021
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 Ghumarwin 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, Ghumarwin branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Ghumarwin 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 -

>>Ghumarwin

MICR code for Union Bank Ghumarwin

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

Use of Union Bank Of India MICR code for Ghumarwin branch in valsad

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