United Bank Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for United Bank Hyderabad Hyderabad Andhra Pradesh

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MICR Code
Bank United Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch L.B. Nagar
Contact 040-24033553
Bank Details United Bank Of India L.B. Nagar UTBI0HLB872
Location Hyderabad, Hyderabad
City Hyderabad
District Hyderabad
State Andhra Pradesh
Pincode 500074
Country IN
Address Plot no.33 & 34,ground floor.'keshava reddy complex' r.t.c. Colony,l.b.nagar. Hyderabad-500 074, andhra pradesh
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 L.B. Nagar 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, L.B. Nagar branch makes the system almost error free and faster. Use of United Bank India MICR codes for L.B. Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of United Bank Of India are available with micr code -

>>Hyderabad Kukatpally >>L.B. Nagar >>Mehidipatnam >>Service Branch Hyderabad

MICR code for United Bank L.B. Nagar

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 L.B. Nagar 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 L.B. Nagar branch. MICR code for L.B. Nagar 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 L.B. Nagar is presented in the table alongside.

Use of United Bank India MICR code for L.B. Nagar branch in hyderabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch L.B. Nagar 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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