Union Bank Varanasi Varanasi Uttar Pradesh MICR CODE

Find MICR Codes for Union Bank Varanasi Varanasi Uttar Pradesh

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rathyatra Crossing Varanasi
Contact
Bank Details Union Bank Of India Rathyatra Crossing Varanasi UBIN0536067
Location Varanasi, Varanasi
City Varanasi
District Varanasi
State Uttar Pradesh
Pincode 221001
Country IN
Address Mahraja bagh, rathyatra crossing,58/52-a-2, varanasi, uttar pradesh,pin - 221 001.
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 221026003 for Rathyatra Crossing Varanasi 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 221026003 of Union Bank Of India, Rathyatra Crossing Varanasi branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Rathyatra Crossing Varanasi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Union Bank Rathyatra Crossing Varanasi

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 Rathyatra Crossing Varanasi 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. 221026003 is the MICR code of Union Bank for Rathyatra Crossing Varanasi branch. MICR code for Rathyatra Crossing Varanasi 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 Rathyatra Crossing Varanasi is presented in the table alongside.

Use of Union Bank Of India MICR code for Rathyatra Crossing Varanasi branch in varanasi

The MICR code 221026003 is used in RBI cheque clearing process to identify the branch Rathyatra Crossing Varanasi 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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