United Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for United Bank Mumbai Greater Bombay Maharashtra

MICR Code
Bank United Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mumbai
Contact (022) 22871261/62, 22871401, 22845365, 22873071 Adv Deptt (Dir), Cm (Dir)22873656, (Op)-22845365,(Opi) Cm (Res)26353816
Bank Details United Bank Of India Mumbai UTBI0BOM601
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 400001
Country IN
Address Post box no-298, united bank of india building, 25, sir pheroze shah mehta road, fort, mumbai - 400001, maharashtra
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 400027014 for Mumbai 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 400027014 of United Bank India, Mumbai branch makes the system almost error free and faster. Use of United Bank India MICR codes for Mumbai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for United Bank Mumbai

United Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. United Bank India MICR code for Mumbai 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. 400027014 is the MICR code of United Bank for Mumbai branch. MICR code for Mumbai 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 United Bank India Mumbai is presented in the table alongside.

Use of United Bank India MICR code for Mumbai branch in mumbai

The MICR code 400027014 is used in RBI cheque clearing process to identify the branch Mumbai and United Bank 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 United Bank is typically in either of these two font’s: E-138 and CMC-7.

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