Union Bank Prakasam Mundlamuru Andhra Pradesh MICR CODE

Find MICR Codes for Union Bank Prakasam Mundlamuru Andhra Pradesh

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MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Apgb Mundlamuru
Contact 0-9490158374
Bank Details Union Bank Of India Apgb Mundlamuru UBIN0CG5946
Location Prakasam, Mundlamuru
City Prakasam
District Mundlamuru
State Andhra Pradesh
Pincode 523212
Country IN
Address Apgb mundlamuru
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 Apgb Mundlamuru 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 Union Bank Of India, Apgb Mundlamuru branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Apgb Mundlamuru branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Union Bank Of India are available with micr code -

>>Apgb Mundlamuru

MICR code for Union Bank Apgb Mundlamuru

Union Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Union Bank Of India MICR code for Apgb Mundlamuru 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 Union Bank for Apgb Mundlamuru branch. MICR code for Apgb Mundlamuru 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 Union Bank Of India Apgb Mundlamuru is presented in the table alongside.

Use of Union Bank Of India MICR code for Apgb Mundlamuru branch in prakasam

The MICR code 0 is used in RBI cheque clearing process to identify the branch Apgb Mundlamuru and Union Bank Of India 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 Union Bank is typically in either of these two font’s: E-138 and CMC-7.

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