Union Bank Srinagar Srinagar Jammu And Kashmir MICR CODE

Find MICR Codes for Union Bank Srinagar Srinagar Jammu And Kashmir

MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Srinagar
Contact (0194)-2477565
Bank Details Union Bank Of India Srinagar UBIN0535745
Location Srinagar, Srinagar
City Srinagar
District Srinagar
State Jammu And Kashmir
Pincode 190001
Country IN
Address Coronation hotel building, court road, lal chowk, srinagar, jammu & kashmir, pin - 190 001.
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 190026002 for Srinagar 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 190026002 of Union Bank Of India, Srinagar branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Srinagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Union Bank Of India are available with micr code -

>>Srinagar

MICR code for Union Bank Srinagar

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 Srinagar 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. 190026002 is the MICR code of Union Bank for Srinagar branch. MICR code for Srinagar 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 Srinagar is presented in the table alongside.

Use of Union Bank Of India MICR code for Srinagar branch in srinagar

The MICR code 190026002 is used in RBI cheque clearing process to identify the branch Srinagar 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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