Union Bank Chandigarh Manimajra Chandigarh Chandigarh MICR CODE

Find MICR Codes for Union Bank Chandigarh Manimajra Chandigarh Chandigarh

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mani Majra
Contact 0-1722731371
Bank Details Union Bank Of India Mani Majra UBIN0820539
Location Chandigarh, Manimajra Chandigarh
City Chandigarh
District Manimajra Chandigarh
State Chandigarh
Pincode
Country IN
Address 371,g floor,motor market,mani majra,chandigarh
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 Mani Majra 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, Mani Majra branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Mani Majra 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 -

>>Mani Majra

MICR code for Union Bank Mani Majra

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 Mani Majra 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 Mani Majra branch. MICR code for Mani Majra 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 Mani Majra is presented in the table alongside.

Use of Union Bank Of India MICR code for Mani Majra branch in chandigarh

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