Union Bank Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for Union Bank Gurgaon Gurgaon Haryana

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sushant Lok
Contact 0124 2572951
Bank Details Union Bank Of India Sushant Lok UBIN0557927
Location Gurgaon, Gurgaon
City Gurgaon
District Gurgaon
State Haryana
Pincode 122002
Country IN
Address G 6a bestech square sector 56 gurgaon hr 122002 haryana
MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sushant Lok
Contact 0-1242571330
Bank Details Union Bank Of India Sushant Lok UBIN0815969
Location Gurgaon, Gurgaon
City Gurgaon
District Gurgaon
State Haryana
Pincode 122002
Country IN
Address Bestech central square,lg 6,sector 57,sushant lok 2,gurgaon -122002
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 10026931 for Sushant Lok 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 10026931 of Union Bank Of India, Sushant Lok branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Sushant Lok branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Union Bank Sushant Lok

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 Sushant Lok 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. 10026931 is the MICR code of Union Bank for Sushant Lok branch. MICR code for Sushant Lok 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 Sushant Lok is presented in the table alongside.

Use of Union Bank Of India MICR code for Sushant Lok branch in gurgaon

The MICR code 10026931 is used in RBI cheque clearing process to identify the branch Sushant Lok 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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