Union Bank Noida Gautam Bodda Nagar Uttar Pradesh MICR CODE

Find MICR Codes for Union Bank Noida Gautam Bodda Nagar Uttar 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 Greater Noida
Contact
Bank Details Union Bank Of India Greater Noida UBIN0550507
Location Noida, Gautam Bodda Nagar
City Noida
District Gautam Bodda Nagar
State Uttar Pradesh
Pincode 201306
Country IN
Address Cfc bldg., greater noida, surajpur,dist. Gautam budh nagar, uttar pradesh,pin - 201 306.
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 110026071 for Greater Noida 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 110026071 of Union Bank Of India, Greater Noida branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Greater Noida branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Union Bank Of India are available with micr code -

>>Greater Noida >>Knowledge Park Greater Noida >>Noida Complex (Harola) Main >>Noida Ssi Finance Branch >>Sector 62 Noida

MICR code for Union Bank Greater Noida

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 Greater Noida 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. 110026071 is the MICR code of Union Bank for Greater Noida branch. MICR code for Greater Noida 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 Greater Noida is presented in the table alongside.

Use of Union Bank Of India MICR code for Greater Noida branch in noida

The MICR code 110026071 is used in RBI cheque clearing process to identify the branch Greater Noida 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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