Union Bank Jabalpur Jabalpur Madhya Pradesh MICR CODE

Find MICR Codes for Union Bank Jabalpur Jabalpur Madhya Pradesh

MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shakti Bahvan Road Jabalpur
Contact
Bank Details Union Bank Of India Shakti Bahvan Road Jabalpur UBIN0557170
Location Jabalpur, Jabalpur
City Jabalpur
District Jabalpur
State Madhya Pradesh
Pincode 482008
Country IN
Address Shakti bhavan road near rampur chouraha jabalpur madhya pradesh 482008
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 482026009 for Shakti Bahvan Road Jabalpur 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 482026009 of Union Bank Of India, Shakti Bahvan Road Jabalpur branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Shakti Bahvan Road Jabalpur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Union Bank Shakti Bahvan Road Jabalpur

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 Shakti Bahvan Road Jabalpur 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. 482026009 is the MICR code of Union Bank for Shakti Bahvan Road Jabalpur branch. MICR code for Shakti Bahvan Road Jabalpur 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 Shakti Bahvan Road Jabalpur is presented in the table alongside.

Use of Union Bank Of India MICR code for Shakti Bahvan Road Jabalpur branch in jabalpur

The MICR code 482026009 is used in RBI cheque clearing process to identify the branch Shakti Bahvan Road Jabalpur 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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