Union Bank Bijapur Bijapur Chhattisgarh MICR CODE

Find MICR Codes for Union Bank Bijapur Bijapur Chhattisgarh

Bank
State
District
City
Branch
Address

MICR Code	494026052
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	Modakpal
Contact	7587147528
Bank Details	Union Bank Of India Modakpal UBIN0577910

Location	Bijapur, Bijapur
City	Bijapur
District	Bijapur
State	Chhattisgarh
Pincode	494444
Country	IN
Address	Village modakpal post pusgudi district bijapur 49448

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 494026052 for Modakpal 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 494026052 of Union Bank Of India, Modakpal branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Modakpal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Union Bank Of India are available with micr code -

>>Bhopalpatnam >>Bijapur >>Modakpal

MICR code for Union Bank Modakpal

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 Modakpal 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. 494026052 is the MICR code of Union Bank for Modakpal branch. MICR code for Modakpal 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 Modakpal is presented in the table alongside.

Use of Union Bank Of India MICR code for Modakpal branch in bijapur

The MICR code 494026052 is used in RBI cheque clearing process to identify the branch Modakpal 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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