Union Bank Annamayya Rayachoty Andhra Pradesh MICR CODE

Find MICR Codes for Union Bank Annamayya Rayachoty 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 Rayachoty
Contact 0-9490158103
Bank Details Union Bank Of India Apgb Rayachoty UBIN0CG6022
Location Annamayya, Rayachoty
City Annamayya
District Rayachoty
State Andhra Pradesh
Pincode 516269
Country IN
Address Apgb rayachoty
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 Rayachoty 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 Rayachoty branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Apgb Rayachoty 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 Rayachoty

MICR code for Union Bank Apgb Rayachoty

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 Rayachoty 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 Rayachoty branch. MICR code for Apgb Rayachoty 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 Rayachoty is presented in the table alongside.

Use of Union Bank Of India MICR code for Apgb Rayachoty branch in annamayya

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