Union Bank Salem Salem Tamil Nadu MICR CODE

Find MICR Codes for Union Bank Salem Salem Tamil Nadu

MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Five Roads Junction Salem
Contact
Bank Details Union Bank Of India Five Roads Junction Salem UBIN0551147
Location Salem, Salem
City Salem
District Salem
State Tamil Nadu
Pincode 636004
Country IN
Address 5/318 a, state bank colony - ii,five roads, junction road, salem,tamil nadu, pin - 636 004.
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 636026003 for Five Roads Junction Salem 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 636026003 of Union Bank Of India, Five Roads Junction Salem branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Five Roads Junction Salem branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Union Bank Five Roads Junction Salem

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 Five Roads Junction Salem 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. 636026003 is the MICR code of Union Bank for Five Roads Junction Salem branch. MICR code for Five Roads Junction Salem 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 Five Roads Junction Salem is presented in the table alongside.

Use of Union Bank Of India MICR code for Five Roads Junction Salem branch in salem

The MICR code 636026003 is used in RBI cheque clearing process to identify the branch Five Roads Junction Salem 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.

Copied!