United Bank Silvasa Dadraandnagar Haveli Dadra And Nagar Haveli MICR CODE

Find MICR Codes for United Bank Silvasa Dadraandnagar Haveli Dadra And Nagar Haveli

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MICR Code
Bank United Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Silvassa
Contact 0260-2641184
Bank Details United Bank Of India Silvassa UTBI0SVSM34
Location Silvasa, Dadraandnagar Haveli
City Silvasa
District Dadraandnagar Haveli
State Dadra And Nagar Haveli
Pincode 396230
Country IN
Address Plot no. 209/p, shraddha complex, near bus stand tokar khada, silvassa, pin- 396230, dadra & nh
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 Silvassa 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, Silvassa branch makes the system almost error free and faster. Use of United Bank India MICR codes for Silvassa 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 -

>>Silvassa

MICR code for United Bank Silvassa

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 Silvassa 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 Silvassa branch. MICR code for Silvassa 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 Silvassa is presented in the table alongside.

Use of United Bank India MICR code for Silvassa branch in silvasa

The MICR code 0 is used in RBI cheque clearing process to identify the branch Silvassa 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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