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Union Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Union Bank Surat Surat Gujarat

MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Arbsurat
Contact 26-606202320
Bank Details Union Bank Of India Arbsurat UBIN0579823
Location Surat, Surat
City Surat
District Surat
State Gujarat
Pincode
Country IN
Address 432-439,4th floor,prime shoppers,udhna magdalla road,vesu
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 Arbsurat 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, Arbsurat branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Arbsurat branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Union Bank Arbsurat

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

Use of Union Bank Of India MICR code for Arbsurat branch in surat

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