Union Bank Ernakulam Varapuzha Kerala MICR CODE

Find MICR Codes for Union Bank Ernakulam Varapuzha 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 Varapuzha
Contact 484-2512239
Bank Details Union Bank Of India Varapuzha UBIN0901997
Location Ernakulam, Varapuzha
City Ernakulam
District Varapuzha
State Kerala
Pincode 683517
Country IN
Address Thenamkodath bldg,puthenpally,po varapuzha 683517
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 Varapuzha 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, Varapuzha branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Varapuzha branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Union Bank Of India are available with micr code -

>>North Parur Varapuzha Lic Ec >>Varapuzha

MICR code for Union Bank Varapuzha

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

Use of Union Bank Of India MICR code for Varapuzha branch in ernakulam

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