Union Bank Nagarpipalia Rajkot Gujarat MICR CODE

Find MICR Codes for Union Bank Nagarpipalia Rajkot Gujarat

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nagarpipalia
Contact (02827)-32228
Bank Details Union Bank Of India Nagarpipalia UBIN0544353
Location Nagarpipalia, Rajkot
City Nagarpipalia
District Rajkot
State Gujarat
Pincode 361162
Country IN
Address Nagarpipalia, taluka - lodluka, via nikawa, dist. Rajkot, gujarat, pin - 361 162.
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 Nagarpipalia 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, Nagarpipalia branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Nagarpipalia 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 -

>>Nagarpipalia

MICR code for Union Bank Nagarpipalia

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

Use of Union Bank Of India MICR code for Nagarpipalia branch in nagarpipalia

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