Unity Small Finance Bank Bauligarh Anugul Orissa MICR CODE

Find MICR Codes for Unity Small Finance Bank Bauligarh Anugul Orissa

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MICR Code
Bank Unity Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bauligarh
Contact 91-9583931471
Bank Details Unity Small Finance Bank Limited Bauligarh UNBA0001020
Location Bauligarh, Anugul
City Bauligarh
District Anugul
State Orissa
Pincode 759128
Country IN
Address At ground floor arahata,post office-purikia, near bonda road bauligarh,taluka and dist-anugul,odisha-759128
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 Bauligarh 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 Unity Bank, Bauligarh branch makes the system almost error free and faster. Use of Unity Bank MICR codes for Bauligarh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Unity Small Finance Bank Limited are available with micr code -

>>Bauligarh

MICR code for Unity Small Finance Bank Bauligarh

Unity Small Finance Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Unity Bank MICR code for Bauligarh 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 Unity Small Finance Bank for Bauligarh branch. MICR code for Bauligarh 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 Unity Bank Bauligarh is presented in the table alongside.

Use of Unity Bank MICR code for Bauligarh branch in bauligarh

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bauligarh and Unity Bank 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 Unity Small Finance Bank is typically in either of these two font’s: E-138 and CMC-7.

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