Union Bank Bilaspur Bilaspur Chhattisgarh MICR CODE

Find MICR Codes for Union Bank Bilaspur Bilaspur Chhattisgarh

Bank
State
District
City
Branch
Address

MICR Code	495026003
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	Vyapar Vihar Bilaspur
Contact	07752-261123
Bank Details	Union Bank Of India Vyapar Vihar Bilaspur UBIN0561975

Location	Bilaspur, Bilaspur
City	Bilaspur
District	Bilaspur
State	Chhattisgarh
Pincode	495001
Country	IN
Address	Vikram comlex main road vyapar vihar bilaspur chhatisgarh 495001

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 495026003 for Vyapar Vihar Bilaspur 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 495026003 of Union Bank Of India, Vyapar Vihar Bilaspur branch makes the system almost error free and faster. Use of Union Bank Of India MICR codes for Vyapar Vihar Bilaspur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Union Bank Of India are available with micr code -

>>Bilaspur >>Bilaspur >>Bilaspur >>Dagauri Branch >>Mungelinaka >>Regional Office Bilapur >>Rlp Bilaspur >>Seepat >>Vyapar Vihar Bilaspur

MICR code for Union Bank Vyapar Vihar Bilaspur

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 Vyapar Vihar Bilaspur 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. 495026003 is the MICR code of Union Bank for Vyapar Vihar Bilaspur branch. MICR code for Vyapar Vihar Bilaspur 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 Vyapar Vihar Bilaspur is presented in the table alongside.

Use of Union Bank Of India MICR code for Vyapar Vihar Bilaspur branch in bilaspur

The MICR code 495026003 is used in RBI cheque clearing process to identify the branch Vyapar Vihar Bilaspur 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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