Union Bank Simla Simla Himachal Pradesh MICR CODE

Find MICR Codes for Union Bank Simla Simla Himachal 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 Shimla
Contact 177-2622044
Bank Details Union Bank Of India Shimla UBIN0905755
Location Simla, Simla
City Simla
District Simla
State Himachal Pradesh
Pincode 171009
Country IN
Address Shop no.228 to 232,kasumpti zonal centre, shimla 171009
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 Shimla 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, Shimla branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Shimla 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 -

>>Shimla

MICR code for Union Bank Shimla

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 Shimla 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 Shimla branch. MICR code for Shimla 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 Shimla is presented in the table alongside.

Use of Union Bank Of India MICR code for Shimla branch in simla

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