Unity Small Finance Bank Medchal Malkajgiri Hyderabad Telangana MICR CODE

Find MICR Codes for Unity Small Finance Bank Medchal Malkajgiri Hyderabad Telangana

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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	S R Nagar
Contact	40-9390439844
Bank Details	Unity Small Finance Bank Limited S R Nagar UNBA0000348

Location	Medchal Malkajgiri, Hyderabad
City	Medchal Malkajgiri
District	Hyderabad
State	Telangana
Pincode	500038
Country	IN
Address	Upper ground floor,191/64, metro station,8/3,gayatri towers,a60, near ambedkar statue,s r nagar,vengal rao nagar, hyderabad, telangana, 500038

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

>>Moula Ali Branch >>S R Nagar

MICR code for Unity Small Finance Bank S R Nagar

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 S R Nagar 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 S R Nagar branch. MICR code for S R Nagar 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 S R Nagar is presented in the table alongside.

Use of Unity Bank MICR code for S R Nagar branch in medchal malkajgiri

The MICR code 0 is used in RBI cheque clearing process to identify the branch S R Nagar 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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