Unity Small Finance Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Unity Small Finance Bank Nagpur Nagpur Maharashtra

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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 Nagpur Central Avenue Road
Contact 712-9665022357
Bank Details Unity Small Finance Bank Limited Nagpur Central Avenue Road UNBA0000224
Location Nagpur, Nagpur
City Nagpur
District Nagpur
State Maharashtra
Pincode 440008
Country IN
Address Ground floor, plot no 176/34,uday chambers,beside grain market, near telephone exchange square,central avenue road,nagpur- 440008, maharashtra
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 Nagpur Central Avenue Road 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, Nagpur Central Avenue Road branch makes the system almost error free and faster. Use of Unity Bank MICR codes for Nagpur Central Avenue Road 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 -

>>Nagpur Central Avenue Road

MICR code for Unity Small Finance Bank Nagpur Central Avenue Road

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 Nagpur Central Avenue Road 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 Nagpur Central Avenue Road branch. MICR code for Nagpur Central Avenue Road 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 Nagpur Central Avenue Road is presented in the table alongside.

Use of Unity Bank MICR code for Nagpur Central Avenue Road branch in nagpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nagpur Central Avenue Road 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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