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Union Bank Patna Patna Bihar MICR CODE

Find MICR Codes for Union Bank Patna Patna Bihar

MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bahadurpur Housing Colony
Contact
Bank Details Union Bank Of India Bahadurpur Housing Colony UBIN0554022
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800026
Country IN
Address 4-m, kamla market, bahadur housing colony,patna - 800 026.
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 800026008 for Bahadurpur Housing Colony 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 800026008 of Union Bank Of India, Bahadurpur Housing Colony branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Bahadurpur Housing Colony branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Union Bank Bahadurpur Housing Colony

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 Bahadurpur Housing Colony 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. 800026008 is the MICR code of Union Bank for Bahadurpur Housing Colony branch. MICR code for Bahadurpur Housing Colony 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 Bahadurpur Housing Colony is presented in the table alongside.

Use of Union Bank Of India MICR code for Bahadurpur Housing Colony branch in patna

The MICR code 800026008 is used in RBI cheque clearing process to identify the branch Bahadurpur Housing Colony 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.