Union Bank Kottam East Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Union Bank Kottam East Godavari Andhra 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 Kottam
Contact (08854)-278340
Bank Details Union Bank Of India Kottam UBIN0544507
Location Kottam, East Godavari
City Kottam
District East Godavari
State Andhra Pradesh
Pincode 533407
Country IN
Address At & post kottam, via tuni, dist. East godavari, andhra pradesh, pin - 533 407.
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 Kottam 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, Kottam branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Kottam 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 -

>>Kottam

MICR code for Union Bank Kottam

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

Use of Union Bank Of India MICR code for Kottam branch in kottam

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