Unity Small Finance Bank Rayagada Muniguda Orissa MICR CODE

Find MICR Codes for Unity Small Finance Bank Rayagada Muniguda Orissa

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MICR Code	-NA-
Bank	Unity Small Finance Bank Limited
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Munikhol
Contact	91-8847807173
Bank Details	Unity Small Finance Bank Limited Munikhol UNBA0001114

Location	Rayagada, Muniguda
City	Rayagada
District	Muniguda
State	Orissa
Pincode	765020
Country	IN
Address	C/o-dubey motor, munikhol, post office-muniguda, police station-muniguda, dist-rayagada, odisha, pin code-765020

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 Munikhol 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, Munikhol branch makes the system almost error free and faster. Use of Unity Bank MICR codes for Munikhol 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 -

>>Munikhol

MICR code for Unity Small Finance Bank Munikhol

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

Use of Unity Bank MICR code for Munikhol branch in rayagada

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