Union Bank Mandleshwar Khargone Madhya Pradesh MICR CODE

Find MICR Codes for Union Bank Mandleshwar Khargone Madhya Pradesh

↻ Reload
MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mandleshwar
Contact (07283)-233427
Bank Details Union Bank Of India Mandleshwar UBIN0532649
Location Mandleshwar, Khargone
City Mandleshwar
District Khargone
State Madhya Pradesh
Pincode 451221
Country IN
Address Opp. Post office, post mandleshwar,near bus sta m.g.road, dist. Khargone, madhya pradesh .pin - 451 221.
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 Mandleshwar 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, Mandleshwar branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Mandleshwar 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 -

>>Mandleshwar

MICR code for Union Bank Mandleshwar

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

Use of Union Bank Of India MICR code for Mandleshwar branch in mandleshwar

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

Copied!