Union Bank Machilipatnam Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Union Bank Machilipatnam Krishna Andhra Pradesh

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MICR Code	-NA-
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	Machhalipatanam
Contact	08672-229885
Bank Details	Union Bank Of India Machhalipatanam UBIN0555916

Location	Machilipatnam, Krishna
City	Machilipatnam
District	Krishna
State	Andhra Pradesh
Pincode	241055
Country	IN
Address	H.no.18/1,ground floor,apsara complex,opp. Bus stand,machili patnam,andhra pradesh-241055

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 Machhalipatanam 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, Machhalipatanam branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Machhalipatanam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Union Bank Of India are available with micr code -

>>Machhalipatanam >>Msme Loan Pointmachilipatnam

MICR code for Union Bank Machhalipatanam

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

Use of Union Bank Of India MICR code for Machhalipatanam branch in machilipatnam

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