Union Bank Kolhapur Vasagade Maharashtra MICR CODE

Find MICR Codes for Union Bank Kolhapur Vasagade Maharashtra

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vasagade
Contact 0-8275830196
Bank Details Union Bank Of India Vasagade UBIN0932477
Location Kolhapur, Vasagade
City Kolhapur
District Vasagade
State Maharashtra
Pincode 416202
Country IN
Address Mian road,near kumar vidya mandir school,vasagade taluk kolhapur dist 416202 maharashtra
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 vasagade

You can search through MICR Codes of Maharashtra branches in kolhapur of District vasagade in Maharashtra 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 -

>>Vasagade

How to find MICR codes for Union Bank in kolhapur?

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

Union Bank Of India MICR code in kolhapur

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