United Bank Bhutmundei Jagatsinghpur Orissa MICR CODE

Find MICR Codes for United Bank Bhutmundei Jagatsinghpur Orissa

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MICR Code
Bank United Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhutmundei
Contact (03482) 246224
Bank Details United Bank Of India Bhutmundei UTBI0BHD465
Location Bhutmundei, Jagatsinghpur
City Bhutmundei
District Jagatsinghpur
State Orissa
Pincode 754141
Country IN
Address Po-bhutmundei, dist-jagatsingpur, orissa, pin - 754141
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 Bhutmundei 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 United Bank India, Bhutmundei branch makes the system almost error free and faster. Use of United Bank India MICR codes for Bhutmundei branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of United Bank Of India are available with micr code -

>>Bhutmundei

MICR code for United Bank Bhutmundei

United Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. United Bank India MICR code for Bhutmundei 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 United Bank for Bhutmundei branch. MICR code for Bhutmundei 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 United Bank India Bhutmundei is presented in the table alongside.

Use of United Bank India MICR code for Bhutmundei branch in bhutmundei

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bhutmundei and United Bank 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 United Bank is typically in either of these two font’s: E-138 and CMC-7.

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