Unity Small Finance Bank Aurangabad Aurangabad Maharashtra MICR CODE

Find MICR Codes for Unity Small Finance Bank Aurangabad Aurangabad 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 Osmanpura Aurangabad
Contact 240-7045692755
Bank Details Unity Small Finance Bank Limited Osmanpura Aurangabad UNBA0000223
Location Aurangabad, Aurangabad
City Aurangabad
District Aurangabad
State Maharashtra
Pincode 431005
Country IN
Address Plot no - 1, yashwant chs ltd, vikas nagar, near pawan gas service, osmanpura, aurangabad - 431005
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 Osmanpura Aurangabad 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, Osmanpura Aurangabad branch makes the system almost error free and faster. Use of Unity Bank MICR codes for Osmanpura Aurangabad 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 -

>>Jalana Road Aurangabad >>Osmanpura Aurangabad

MICR code for Unity Small Finance Bank Osmanpura Aurangabad

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 Osmanpura Aurangabad 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 Osmanpura Aurangabad branch. MICR code for Osmanpura Aurangabad 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 Osmanpura Aurangabad is presented in the table alongside.

Use of Unity Bank MICR code for Osmanpura Aurangabad branch in aurangabad

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