Union Bank Shimoga Shimoga Karnataka MICR CODE

Find MICR Codes for Union Bank Shimoga Shimoga Karnataka

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shivamogga
Contact 0-8182222360
Bank Details Union Bank Of India Shivamogga UBIN0809543
Location Shimoga, Shimoga
City Shimoga
District Shimoga
State Karnataka
Pincode
Country IN
Address Sri manjunatha arcade,l l r roaddurgigudi shivamogga karnataka
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 Shivamogga 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, Shivamogga branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Shivamogga branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Union Bank Of India are available with micr code -

>>Shimoga >>Shimoga >>Shimoga Lic Ec >>Shimogasavalanga Road >>Shivamogga >>Shivamogga Gopala Gowda Extn >>Shivamogga Vinoba Nagar

MICR code for Union Bank Shivamogga

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

Use of Union Bank Of India MICR code for Shivamogga branch in shimoga

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