Union Bank Madikeri Madikeri Karnataka MICR CODE

Find MICR Codes for Union Bank Madikeri Madikeri Karnataka

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Madikeri
Contact
Bank Details Union Bank Of India Madikeri UBIN0534862
Location Madikeri, Madikeri
City Madikeri
District Madikeri
State Karnataka
Pincode 571201
Country IN
Address P.b.no. 44, 6/14, ganapathy street,madikeri, dist. Kodagu, karnataka,pin - 571 201.
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 madikeri

You can search through MICR Codes of Karnataka branches in madikeri of District madikeri in Karnataka 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 -

>>Madikeri

How to find MICR codes for Union Bank in madikeri?

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

Union Bank Of India MICR code in madikeri

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