Union Bank Chandigarh Chandigarh Chandigarh MICR CODE

Find MICR Codes for Union Bank Chandigarh Chandigarh Chandigarh

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MICR Code	-NA-
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	Stressed Asset Management Branch Chandigarh
Contact	172-2721096
Bank Details	Union Bank Of India Stressed Asset Management Branch Chandigarh UBIN0578711

Location	Chandigarh, Chandigarh
City	Chandigarh
District	Chandigarh
State	Chandigarh
Pincode	160008
Country	IN
Address	Sco 137-138,sector 8c,chandigarh-160008

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.

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Stressed Asset Management Branch Chandigarh (0)

How does MICR code 0 for Stressed Asset Management Branch Chandigarh 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, Stressed Asset Management Branch Chandigarh branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Stressed Asset Management Branch Chandigarh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 30 branches of Union Bank Of India are available with micr code -

>>Armb Chandigarh >>Chandigarh >>Chandigarh >>Chandigarh Industrial Area Ph >>Chandigarh Main >>Chandigarh Pbb >>Chandigarh Pbs >>Chandigarh Retail Hub >>Chandigarh Sector >>Chandigarh Sector 32 >>Chandigarh Service Branch >>Chandigrah Sector 30 >>Currency Chest Chandigarh >>Dhanas >>Fgmo Chandigarh >>Lcb Chandigarh >>Mani Majara >>Mini Caps Chandigarh >>R.O.Chandigarh >>Rab Chandigarh >>Sec Forty Seven Chandigarh >>Sec Twenty Two Chandigarh >>Sector 21 C Chandigarh >>Sector 35 Chandigarh >>Sector 40 C Chandigarh >>Sector 6 Karnal >>Sector 7 Chandigarh >>Sector Chandigarh >>Spl Housing Finance Branch >>Stressed Asset Management Branch Chandigarh

MICR code for Union Bank Stressed Asset Management Branch Chandigarh

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 Stressed Asset Management Branch Chandigarh 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 Stressed Asset Management Branch Chandigarh branch. MICR code for Stressed Asset Management Branch Chandigarh 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 Stressed Asset Management Branch Chandigarh is presented in the table alongside.

Use of Union Bank Of India MICR code for Stressed Asset Management Branch Chandigarh branch in chandigarh

The MICR code 0 is used in RBI cheque clearing process to identify the branch Stressed Asset Management Branch Chandigarh 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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