Union Bank Muradaha Varanasi Uttar Pradesh MICR CODE

Find MICR Codes for Union Bank Muradaha Varanasi Uttar 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 Muradaha Bazaar
Contact (0542)-626244
Bank Details Union Bank Of India Muradaha Bazaar UBIN0548847
Location Muradaha, Varanasi
City Muradaha
District Varanasi
State Uttar Pradesh
Pincode 221202
Country IN
Address Post muradaha bazar, block harhua, dist. Varanasi, uttar pradesh, pin - 221 202.
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 221026020 for Muradaha Bazaar 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 221026020 of Union Bank Of India, Muradaha Bazaar branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Muradaha Bazaar 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 -

>>Muradaha Bazaar

MICR code for Union Bank Muradaha Bazaar

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 Muradaha Bazaar 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. 221026020 is the MICR code of Union Bank for Muradaha Bazaar branch. MICR code for Muradaha Bazaar 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 Muradaha Bazaar is presented in the table alongside.

Use of Union Bank Of India MICR code for Muradaha Bazaar branch in muradaha

The MICR code 221026020 is used in RBI cheque clearing process to identify the branch Muradaha Bazaar 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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