Union Bank Rihand Nagar Sunbhadra Uttar Pradesh MICR CODE

Find MICR Codes for Union Bank Rihand Nagar Sunbhadra 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 Rihand Nagar
Contact (0544)-642041
Bank Details Union Bank Of India Rihand Nagar UBIN0550116
Location Rihand Nagar, Sunbhadra
City Rihand Nagar
District Sunbhadra
State Uttar Pradesh
Pincode 231223
Country IN
Address Bijpur, post bijpur, rihand nagar, d dist. Sonebhadra, uttar pradesh, pin - 231 223
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 Rihand Nagar 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, Rihand Nagar branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Rihand Nagar 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 -

>>Rihand Nagar

MICR code for Union Bank Rihand Nagar

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 Rihand Nagar 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 Rihand Nagar branch. MICR code for Rihand Nagar 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 Rihand Nagar is presented in the table alongside.

Use of Union Bank Of India MICR code for Rihand Nagar branch in rihand nagar

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