United Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for United Bank Delhi New Delhi New Delhi

MICR Code
Bank United Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Presidents Estate
Contact (011) 23012040, 23016865, 23015321
Bank Details United Bank Of India Presidents Estate UTBI0PDE719
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 110004
Country IN
Address President's estate, new delhi, dist-delhi, new delhi, pin - 110004
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 110027016 for Presidents Estate 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 110027016 of United Bank India, Presidents Estate branch makes the system almost error free and faster. Use of United Bank India MICR codes for Presidents Estate branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for United Bank Presidents Estate

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 Presidents Estate 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. 110027016 is the MICR code of United Bank for Presidents Estate branch. MICR code for Presidents Estate 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 Presidents Estate is presented in the table alongside.

Use of United Bank India MICR code for Presidents Estate branch in delhi

The MICR code 110027016 is used in RBI cheque clearing process to identify the branch Presidents Estate 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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