Union Bank Rarod Vadodara Gujarat MICR CODE

Find MICR Codes for Union Bank Rarod Vadodara 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 Rarod
Contact (02666) 253222
Bank Details Union Bank Of India Rarod UBIN0545597
Location Rarod, Vadodara
City Rarod
District Vadodara
State Gujarat
Pincode 393105
Country IN
Address At post rarod via ankleshwar taluka karjan dist.baroda gujarat pin 393105
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 Rarod 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, Rarod branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Rarod 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 -

>>Rarod

MICR code for Union Bank Rarod

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

Use of Union Bank Of India MICR code for Rarod branch in rarod

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