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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 Boring Road Patna
Contact
Bank Details Union Bank Of India Boring Road Patna UBIN0551201
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800001
Country IN
Address Plot no. 4, jugeshwar bhawan,besides laxmi complex, boring road,patna, bihar, pin - 800 001.
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 800026005 for Boring Road Patna 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 800026005 of Union Bank Of India, Boring Road Patna branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Boring Road Patna branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Union Bank Boring Road Patna

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 Boring Road Patna 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. 800026005 is the MICR code of Union Bank for Boring Road Patna branch. MICR code for Boring Road Patna 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 Boring Road Patna is presented in the table alongside.

Use of Union Bank Of India MICR code for Boring Road Patna branch in patna

The MICR code 800026005 is used in RBI cheque clearing process to identify the branch Boring Road Patna 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.