Union Bank Udaipur Udaipur Rajasthan MICR CODE

Find MICR Codes for Union Bank Udaipur Udaipur Rajasthan

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch New Fatehpura Udaipur
Contact
Bank Details Union Bank Of India New Fatehpura Udaipur UBIN0539406
Location Udaipur, Udaipur
City Udaipur
District Udaipur
State Rajasthan
Pincode 313001
Country IN
Address 2-a, new fatehpura, udaipur,dist. Udaipur, rajasthan,pin - 313 001.
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 313026002 for New Fatehpura Udaipur 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 313026002 of Union Bank Of India, New Fatehpura Udaipur branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for New Fatehpura Udaipur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Union Bank New Fatehpura Udaipur

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 New Fatehpura Udaipur 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. 313026002 is the MICR code of Union Bank for New Fatehpura Udaipur branch. MICR code for New Fatehpura Udaipur 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 New Fatehpura Udaipur is presented in the table alongside.

Use of Union Bank Of India MICR code for New Fatehpura Udaipur branch in udaipur

The MICR code 313026002 is used in RBI cheque clearing process to identify the branch New Fatehpura Udaipur 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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