Union Bank Kharar Rupnagar Punjab MICR CODE

Find MICR Codes for Union Bank Kharar Rupnagar Punjab

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MICR Code	160026014
Bank	Union Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Khanpur Kharar
Contact	(0160)-2280365
Bank Details	Union Bank Of India Khanpur Kharar UBIN0539228

Location	Kharar, Rupnagar
City	Kharar
District	Rupnagar
State	Punjab
Pincode	140301
Country	IN
Address	Khanpur kharar, ranjit bagh, landran rd, old subzi mandi, dist. Ropad, punjab, pin - 140 301

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 160026014 for Khanpur Kharar 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 160026014 of Union Bank Of India, Khanpur Kharar branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Khanpur Kharar 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 -

>>Khanpur Kharar

MICR code for Union Bank Khanpur Kharar

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 Khanpur Kharar 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. 160026014 is the MICR code of Union Bank for Khanpur Kharar branch. MICR code for Khanpur Kharar 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 Khanpur Kharar is presented in the table alongside.

Use of Union Bank Of India MICR code for Khanpur Kharar branch in kharar

The MICR code 160026014 is used in RBI cheque clearing process to identify the branch Khanpur Kharar 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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