Union Bank Coimbatore Coimbotore Tamil Nadu MICR CODE

Find MICR Codes for Union Bank Coimbatore Coimbotore Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	641026010
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	Peelamedu
Contact	2560045
Bank Details	Union Bank Of India Peelamedu UBIN0554898

Location	Coimbatore, Coimbotore
City	Coimbatore
District	Coimbotore
State	Tamil Nadu
Pincode	641004
Country	IN
Address	No. 437, avanashi road, opp. Shanti theatre,peelamedu, coimbatore - 641 004

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 641026010 for Peelamedu 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 641026010 of Union Bank Of India, Peelamedu branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Peelamedu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Union Bank Of India are available with micr code -

>>Coimbatore Main >>Coimbatore Service Branch >>Coimbatore Ssi Finance Branch >>Gandhipuram Coimbatore >>Peelamedu >>R.S. Puram Coimbatore >>Rab Coimbatore >>Somanur >>Thudiyaloor >>Tirupur Ssi

MICR code for Union Bank Peelamedu

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 Peelamedu 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. 641026010 is the MICR code of Union Bank for Peelamedu branch. MICR code for Peelamedu 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 Peelamedu is presented in the table alongside.

Use of Union Bank Of India MICR code for Peelamedu branch in coimbatore

The MICR code 641026010 is used in RBI cheque clearing process to identify the branch Peelamedu 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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