United Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for United Bank Pune Pune Maharashtra

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MICR Code
Bank United Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Decan Gymkhana
Contact (9520) 25532738
Bank Details United Bank Of India Decan Gymkhana UTBI0DEC632
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411004
Country IN
Address 1255, deccan gymkhana, poona, dist-pune, maharashtra, pin - 411004
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 411027002 for Decan Gymkhana 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 411027002 of United Bank India, Decan Gymkhana branch makes the system almost error free and faster. Use of United Bank India MICR codes for Decan Gymkhana branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of United Bank Of India are available with micr code -

>>Decan Gymkhana >>Kalyani Nagar >>Kasba Peth >>Marketyard >>Poona

MICR code for United Bank Decan Gymkhana

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 Decan Gymkhana 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. 411027002 is the MICR code of United Bank for Decan Gymkhana branch. MICR code for Decan Gymkhana 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 Decan Gymkhana is presented in the table alongside.

Use of United Bank India MICR code for Decan Gymkhana branch in pune

The MICR code 411027002 is used in RBI cheque clearing process to identify the branch Decan Gymkhana 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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