Union Bank Raipur Raipur Chhattisgarh MICR CODE

Find MICR Codes for Union Bank Raipur Raipur Chhattisgarh

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MICR Code	492026001
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	Service Branch Raipur
Contact	(0771)-2546007
Bank Details	Union Bank Of India Service Branch Raipur UBIN0556785

Location	Raipur, Raipur
City	Raipur
District	Raipur
State	Chhattisgarh
Pincode	492001
Country	IN
Address	8/13 near rly crossing linemain rd shankar nagar

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 492026001 for Service Branch Raipur 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 492026001 of Union Bank Of India, Service Branch Raipur branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Service Branch Raipur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 28 branches of Union Bank Of India are available with micr code -

>>Caps Branch Raipur >>Chandanidinh >>Currency Chest Samata Colony >>Deopuri >>Fi Dumartarai >>G E Road >>Ifb Raipur >>Mid Corporate Raipur >>Naya Raipur >>New Rajendra Nagar >>Pandri Raipur >>Priyadarshininagar Raipur >>R.O.Raipur >>Rab Raipur >>Raipur >>Raipur >>Raipur (Dist. Raipur) >>Raipur Ashram Road >>Raipur Pachpedinaka >>Raipurpandri >>Saadh Vidhan Sabha Marg >>Samata Colony Raipur >>Sarona >>Sector Naya Raipur >>Sejbahar >>Service Branch Raipur >>Shankar Nagar >>Shanker Nagar Raipur

MICR code for Union Bank Service Branch Raipur

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 Service Branch Raipur 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. 492026001 is the MICR code of Union Bank for Service Branch Raipur branch. MICR code for Service Branch Raipur 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 Service Branch Raipur is presented in the table alongside.

Use of Union Bank Of India MICR code for Service Branch Raipur branch in raipur

The MICR code 492026001 is used in RBI cheque clearing process to identify the branch Service Branch Raipur 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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