Unity Small Finance Bank Karor Begusarai Bihar MICR CODE

Find MICR Codes for Unity Small Finance Bank Karor Begusarai Bihar

↻ Reload
MICR Code
Bank Unity Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karor
Contact 91-9097531983
Bank Details Unity Small Finance Bank Limited Karor UNBA0001047
Location Karor, Begusarai
City Karor
District Begusarai
State Bihar
Pincode 851132
Country IN
Address Vill - karor, ward no 11, po - khanjahanpur, ps - khanjahanpur, block - khanjahanpur, dist - begusarai, bihar, pin - 851132
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 Karor 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, Karor branch makes the system almost error free and faster. Use of Unity Bank MICR codes for Karor 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 -

>>Karor

MICR code for Unity Small Finance Bank Karor

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

Use of Unity Bank MICR code for Karor branch in karor

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

Copied!