Union Bank Hyderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for Union Bank Hyderabad Hyderabad Urban Andhra Pradesh

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MICR Code	500260012
Bank	Union Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Saifabad Hyderabad
Contact
Bank Details	Union Bank Of India Saifabad Hyderabad UBIN0537063

Location	Hyderabad, Hyderabad Urban
City	Hyderabad
District	Hyderabad Urban
State	Andhra Pradesh
Pincode	500004
Country	IN
Address	6-1-67/14, 1st floor, public garden rd,saifabad, p.b. No. 25, hyderabad,andhra pradesh, pin - 500 004.

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 500260012 for Saifabad Hyderabad 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 500260012 of Union Bank Of India, Saifabad Hyderabad branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Saifabad Hyderabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 26 branches of Union Bank Of India are available with micr code -

>>Asifnagar Hyderabad >>Asset Recovery Branch >>Banjara Hills >>Begumpet Hyderabad >>Chikkadapally Hyderabad >>Dilsukhnagar Hyderabad >>Dr. A. S. Rao Nagar >>Gowliguda Hyderabad >>High Court Hyderabad >>Himyatnagar >>Hyderabad >>Hyderabad Main >>Hyderabad Ssi Finance Branch >>Jubilee Hills >>Kamalapuri Colony >>Kandikal Hyderabad >>Khairatabad >>Kukatpally >>Mehdipatnam >>Rab Hyderabad >>Ramanthapur >>Ramkote Hyderabad >>Saifabad Hyderabad >>Secunderabad >>Serilingampally >>Somajiguda Hyderabad

MICR code for Union Bank Saifabad Hyderabad

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 Saifabad Hyderabad 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. 500260012 is the MICR code of Union Bank for Saifabad Hyderabad branch. MICR code for Saifabad Hyderabad 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 Saifabad Hyderabad is presented in the table alongside.

Use of Union Bank Of India MICR code for Saifabad Hyderabad branch in hyderabad

The MICR code 500260012 is used in RBI cheque clearing process to identify the branch Saifabad Hyderabad 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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