Union Bank Siwan Siwan Bihar MICR CODE

Find MICR Codes for Union Bank Siwan Siwan Bihar

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Siwan
Contact (06154)-244289
Bank Details Union Bank Of India Siwan UBIN0551210
Location Siwan, Siwan
City Siwan
District Siwan
State Bihar
Pincode 841226
Country IN
Address Lal complex chowk bazar station road siwan bihar pin 841226
MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Siwan
Contact 0-7050466671
Bank Details Union Bank Of India Siwan UBIN0930831
Location Siwan, Siwan
City Siwan
District Siwan
State Bihar
Pincode 841226
Country IN
Address Siddhi market complex west of daha river bridge south of siwan inspection bunglow 841226 bihar
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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 Siwan 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, Siwan branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Siwan branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Union Bank Of India are available with micr code -

>>Chapra Road Siwan >>Siwan >>Siwan >>Siwan >>Sultanpur

MICR code for Union Bank Siwan

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

Use of Union Bank Of India MICR code for Siwan branch in siwan

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