Union Bank New Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Union Bank New Delhi New Delhi New Delhi

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Safdarjang Enclave New Delhi
Contact
Bank Details Union Bank Of India Safdarjang Enclave New Delhi UBIN0534994
Location New Delhi, New Delhi
City New Delhi
District New Delhi
State New Delhi
Pincode 110016
Country IN
Address C-4, community centre,safdarjang development area,new delhi, pin - 110 016.
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 110026016 for Safdarjang Enclave New Delhi 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 110026016 of Union Bank Of India, Safdarjang Enclave New Delhi branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Safdarjang Enclave New Delhi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Union Bank Safdarjang Enclave New Delhi

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 Safdarjang Enclave New Delhi 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. 110026016 is the MICR code of Union Bank for Safdarjang Enclave New Delhi branch. MICR code for Safdarjang Enclave New Delhi 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 Safdarjang Enclave New Delhi is presented in the table alongside.

Use of Union Bank Of India MICR code for Safdarjang Enclave New Delhi branch in new delhi

The MICR code 110026016 is used in RBI cheque clearing process to identify the branch Safdarjang Enclave New Delhi 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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