Union Bank Udumbanchola Idukki Kerala MICR CODE

Find MICR Codes for Union Bank Udumbanchola Idukki Kerala

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Udumbanchola
Contact (04868)-237212
Bank Details Union Bank Of India Udumbanchola UBIN0542342
Location Udumbanchola, Idukki
City Udumbanchola
District Idukki
State Kerala
Pincode 685602
Country IN
Address Ashoka building udumbanchola p.o. Dist. Idukki kerala pin 685602.
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 Udumbanchola 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, Udumbanchola branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Udumbanchola 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 -

>>Udumbanchola

MICR code for Union Bank Udumbanchola

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

Use of Union Bank Of India MICR code for Udumbanchola branch in udumbanchola

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