Union Bank Udipi Pernal Karnataka MICR CODE

Find MICR Codes for Union Bank Udipi Pernal Karnataka

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pernal
Contact 820-2554143
Bank Details Union Bank Of India Pernal UBIN0900885
Location Udipi, Pernal
City Udipi
District Pernal
State Karnataka
Pincode 574116
Country IN
Address Shawn bldg,near bus stand,pilarkan main road,po pernal 574116
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 Pernal 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, Pernal branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Pernal 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 -

>>Pernal

MICR code for Union Bank Pernal

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

Use of Union Bank Of India MICR code for Pernal branch in udipi

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