Union Bank Karol Bagh Karol Bagh New Delhi MICR CODE

Find MICR Codes for Union Bank Karol Bagh Karol Bagh New Delhi

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Currency Chest Karol Bagh
Contact 0
Bank Details Union Bank Of India Currency Chest Karol Bagh UBIN0584266
Location Karol Bagh, Karol Bagh
City Karol Bagh
District Karol Bagh
State New Delhi
Pincode
Country IN
Address 10184,arya samaj rd,karolbagh
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 karol bagh

You can search through MICR Codes of New Delhi branches in karol bagh of District karol bagh in New Delhi 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 -

>>Currency Chest Karol Bagh

How to find MICR codes for Union Bank in karol bagh?

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

Union Bank Of India MICR code in karol bagh

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