United Bank Bokaro Steel City Bokaro Jharkhand MICR CODE

Find MICR Codes for United Bank Bokaro Steel City Bokaro Jharkhand

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MICR Code
Bank United Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bokaro Steel City
Contact (06542) 232847
Bank Details United Bank Of India Bokaro Steel City UTBI0BOC424
Location Bokaro Steel City, Bokaro
City Bokaro Steel City
District Bokaro
State Jharkhand
Pincode 827004
Country IN
Address Plot no-e6, city centre, bokaro steel city, dist-dhanbad, jharkhand, pin - 827004
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 827027002 for Bokaro Steel City 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 827027002 of United Bank India, Bokaro Steel City branch makes the system almost error free and faster. Use of United Bank India MICR codes for Bokaro Steel City branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Bokaro Steel City >>Bokaro Steel City Industrial Estate

MICR code for United Bank Bokaro Steel City

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 Bokaro Steel City 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. 827027002 is the MICR code of United Bank for Bokaro Steel City branch. MICR code for Bokaro Steel City 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 Bokaro Steel City is presented in the table alongside.

Use of United Bank India MICR code for Bokaro Steel City branch in bokaro steel city

The MICR code 827027002 is used in RBI cheque clearing process to identify the branch Bokaro Steel City 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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