Unity Small Finance Bank Rewari Kosli Haryana MICR CODE

Find MICR Codes for Unity Small Finance Bank Rewari Kosli Haryana

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MICR Code
Bank Unity Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kosli
Contact 91-8057456548
Bank Details Unity Small Finance Bank Limited Kosli UNBA0001089
Location Rewari, Kosli
City Rewari
District Kosli
State Haryana
Pincode 123302
Country IN
Address Shiv colony, near railway station, kosli, district - rewari, haryana - 123302
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 0 for Kosli 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 0 of Unity Bank, Kosli branch makes the system almost error free and faster. Use of Unity Bank MICR codes for Kosli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Unity Small Finance Bank Limited are available with micr code -

>>Kosli

MICR code for Unity Small Finance Bank Kosli

Unity Small Finance Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Unity Bank MICR code for Kosli 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. 0 is the MICR code of Unity Small Finance Bank for Kosli branch. MICR code for Kosli 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 Unity Bank Kosli is presented in the table alongside.

Use of Unity Bank MICR code for Kosli branch in rewari

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kosli and Unity Bank 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 Unity Small Finance Bank is typically in either of these two font’s: E-138 and CMC-7.

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