United Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for United Bank Bangalore Bangalore Urban Karnataka

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MICR Code
Bank United Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shivajinagar
Contact (080) 25369824, 23507902
Bank Details United Bank Of India Shivajinagar UTBI0SHV823
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560001
Country IN
Address 59/62, dharmaraja koil street, shivajinagar, bangalore - 560001, karnataka
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 560027004 for Shivajinagar 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 560027004 of United Bank India, Shivajinagar branch makes the system almost error free and faster. Use of United Bank India MICR codes for Shivajinagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for United Bank Shivajinagar

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 Shivajinagar 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. 560027004 is the MICR code of United Bank for Shivajinagar branch. MICR code for Shivajinagar 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 Shivajinagar is presented in the table alongside.

Use of United Bank India MICR code for Shivajinagar branch in bangalore

The MICR code 560027004 is used in RBI cheque clearing process to identify the branch Shivajinagar 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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