Union Bank Palanpur Banaskantha Gujarat MICR CODE

Find MICR Codes for Union Bank Palanpur Banaskantha 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 Palanpur
Contact
Bank Details Union Bank Of India Palanpur UBIN0534838
Location Palanpur, Banaskantha
City Palanpur
District Banaskantha
State Gujarat
Pincode 385001
Country IN
Address Palace road, palanpur, dist. Banaskanthagujarat, pin - 385 001.
MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Palanpur
Contact 7800003610
Bank Details Union Bank Of India Palanpur UBIN0575810
Location Palanpur, Banaskantha
City Palanpur
District Banaskantha
State Gujarat
Pincode 385001
Country IN
Address Opp gayatri temple palanpur abhu highway palanpur gujarat pin 385001
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.

Search Union Bank MICR Codes in banaskantha

You can search through MICR Codes of Gujarat branches in palanpur of District banaskantha in Gujarat State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Palanpur >>Palanpur

How to find MICR codes for Union Bank in palanpur?

Union Bank palanpur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Union Bank Of India MICR codes list for palanpur, one can further search by branch name specified in the table. You can find MICR codes for all Union Bank palanpur branches.

Union Bank Of India MICR code in palanpur

Union Bank MICR code is a character recognition technology used by banks in the processing of cheques. Union Bank Of India MICR code for palanpur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Union Bank branches in palanpur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Union Bank MICR code for palanpur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Union Bank palanpur branch, sprinted 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. Thus MICR code for Union Bank Of India palanpur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Union Bank MICR codes for palanpur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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