Unity Small Finance Bank Uttar Kannada Karnataka Karnataka MICR CODE

Find MICR Codes for Unity Small Finance Bank Uttar Kannada Karnataka Karnataka

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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 Yellapur
Contact 80-9036861882
Bank Details Unity Small Finance Bank Limited Yellapur UNBA0000304
Location Uttar Kannada, Karnataka
City Uttar Kannada
District Karnataka
State Karnataka
Pincode 581359
Country IN
Address Shop no s1,and s2,basaweswara hights,2nd floor,bus stand road,yellapur ,karnataka-581359
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 Yellapur 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, Yellapur branch makes the system almost error free and faster. Use of Unity Bank MICR codes for Yellapur 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 -

>>Sirsi >>Yellapur

MICR code for Unity Small Finance Bank Yellapur

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

Use of Unity Bank MICR code for Yellapur branch in uttar kannada

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