Union Bank Burdwan Burdwan West Bengal MICR CODE

Find MICR Codes for Union Bank Burdwan Burdwan West Bengal

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nasaratpur
Contact
Bank Details Union Bank Of India Nasaratpur UBIN0574295
Location Burdwan, Burdwan
City Burdwan
District Burdwan
State West Bengal
Pincode 713519
Country IN
Address Vill/po-nasaratpur ps-purbasthali burdwan west bengal pincode-713519
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 Nasaratpur 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, Nasaratpur branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Nasaratpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Union Bank Of India are available with micr code -

>>Currency Chest Burdwan >>Nasaratpur

MICR code for Union Bank Nasaratpur

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

Use of Union Bank Of India MICR code for Nasaratpur branch in burdwan

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