Unity Small Finance Bank Buddhma Madhepura Bihar MICR CODE

Find MICR Codes for Unity Small Finance Bank Buddhma Madhepura Bihar

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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 Buddhma
Contact 91-7294092754
Bank Details Unity Small Finance Bank Limited Buddhma UNBA0001023
Location Buddhma, Madhepura
City Buddhma
District Madhepura
State Bihar
Pincode 852210
Country IN
Address Ward no 5, vill - budhama, po - khara, ps - budhma, dist - madhepura - bihar - 852210
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 Buddhma 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, Buddhma branch makes the system almost error free and faster. Use of Unity Bank MICR codes for Buddhma 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 -

>>Buddhma

MICR code for Unity Small Finance Bank Buddhma

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

Use of Unity Bank MICR code for Buddhma branch in buddhma

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