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Union Bank Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for Union Bank Vadodara Vadodara Gujarat

MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nizampura Baroda
Contact
Bank Details Union Bank Of India Nizampura Baroda UBIN0535028
Location Vadodara, Vadodara
City Vadodara
District Vadodara
State Gujarat
Pincode 390002
Country IN
Address 16, navdurga co-op. Hsg. Society,national highway no. 8, nizampura,baroda, gujarat, pin - 390 002.
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 390026007 for Nizampura Baroda 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 390026007 of Union Bank Of India, Nizampura Baroda branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Nizampura Baroda branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Union Bank Nizampura Baroda

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 Nizampura Baroda 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. 390026007 is the MICR code of Union Bank for Nizampura Baroda branch. MICR code for Nizampura Baroda 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 Nizampura Baroda is presented in the table alongside.

Use of Union Bank Of India MICR code for Nizampura Baroda branch in vadodara

The MICR code 390026007 is used in RBI cheque clearing process to identify the branch Nizampura Baroda 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.