Union Bank Thane Manpada Maharashtra MICR CODE

Find MICR Codes for Union Bank Thane Manpada Maharashtra

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thanevasant Vihar
Contact 0-9987781576
Bank Details Union Bank Of India Thanevasant Vihar UBIN0933406
Location Thane, Manpada
City Thane
District Manpada
State Maharashtra
Pincode 400610
Country IN
Address Shop no 1 to 7 buddhadev vihar,building no b 4 oppo. Tikunji wadi,chaitalsar vasant vihar manpada 400610,maharashtra
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 Thanevasant Vihar 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, Thanevasant Vihar branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Thanevasant Vihar 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 -

>>Thanevasant Vihar

MICR code for Union Bank Thanevasant Vihar

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 Thanevasant Vihar 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 Thanevasant Vihar branch. MICR code for Thanevasant Vihar 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 Thanevasant Vihar is presented in the table alongside.

Use of Union Bank Of India MICR code for Thanevasant Vihar branch in thane

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