Unity Small Finance Bank Amritsar Amritsar Punjab MICR CODE

Find MICR Codes for Unity Small Finance Bank Amritsar Amritsar Punjab

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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 Mall Road Amritsar
Contact 183-9816069413
Bank Details Unity Small Finance Bank Limited Mall Road Amritsar UNBA0000620
Location Amritsar, Amritsar
City Amritsar
District Amritsar
State Punjab
Pincode 143001
Country IN
Address Ground floor, showroom no 03, 35b 36/13 aventura mall, mall road,amritsar-143001
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 Mall Road Amritsar 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, Mall Road Amritsar branch makes the system almost error free and faster. Use of Unity Bank MICR codes for Mall Road Amritsar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Unity Small Finance Bank Limited are available with micr code -

>>Lawrence Road Amritsar >>Mall Road Amritsar

MICR code for Unity Small Finance Bank Mall Road Amritsar

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 Mall Road Amritsar 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 Mall Road Amritsar branch. MICR code for Mall Road Amritsar 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 Mall Road Amritsar is presented in the table alongside.

Use of Unity Bank MICR code for Mall Road Amritsar branch in amritsar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mall Road Amritsar 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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