Union Bank Indore Indore Madhya Pradesh MICR CODE

Find MICR Codes for Union Bank Indore Indore Madhya Pradesh

Bank
State
District
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Address

MICR Code	452026009
Bank	Union Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Indore Development Authority Indore
Contact
Bank Details	Union Bank Of India Indore Development Authority Indore UBIN0552071

Location	Indore, Indore
City	Indore
District	Indore
State	Madhya Pradesh
Pincode	452003
Country	IN
Address	Indore development authority building7, race course road,indore - 452 003, madhya pradesh

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.

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Indore Development Authority Indore (452026009)

How does MICR code 452026009 for Indore Development Authority Indore 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 452026009 of Union Bank Of India, Indore Development Authority Indore branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Indore Development Authority Indore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 42 branches of Union Bank Of India are available with micr code -

>>A B Road Indore >>Airport Road Indore >>Annapurna Road Indore >>Annapurna Road Indore >>Arb Indore >>Chawaniindore >>Cms Indore >>Fi Bada Bangarda >>Geeta Bhavan >>Geeta Bhavan Indore >>Index Medical College >>Indore >>Indore >>Indore Annapurna Road >>Indore Bengali Chourah >>Indore City (Main) >>Indore Development Authority Indore >>Indore New Palasia >>Indore Sapna Sangeeta Road >>Indore Service Branch >>Indore Ssi >>Indore Vijaynagar >>Indorenew Loha Mandi >>Indoreratlam Kothi >>Islamia Karimia Degree College Indore >>Kishanganj Mhow >>M.G. Road Indore >>Malharganj Indore >>Mhow >>Mid Corporate Branch Indore >>Narsing Bazar >>R.O.Indore >>Rab Indore >>Rajendra Nagar Indor >>Sapna Sangeeta >>Scheme No. 54 Indore >>Schemeno Indore >>Sindhi Colony Indore >>Siyaganj Indore >>Usha Nagar Indore >>Vijaynagar >>Vishnupuri Indore

MICR code for Union Bank Indore Development Authority Indore

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 Indore Development Authority Indore 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. 452026009 is the MICR code of Union Bank for Indore Development Authority Indore branch. MICR code for Indore Development Authority Indore 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 Indore Development Authority Indore is presented in the table alongside.

Use of Union Bank Of India MICR code for Indore Development Authority Indore branch in indore

The MICR code 452026009 is used in RBI cheque clearing process to identify the branch Indore Development Authority Indore 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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