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Union Bank Patna Patna Bihar MICR CODE

Find MICR Codes for Union Bank Patna Patna Bihar

MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Patna Main
Contact
Bank Details Union Bank Of India Patna Main UBIN0530026
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800001
Country IN
Address Abhay bhavan, frazer road,post box no. 53, patna, bihar,pin - 800 001.
MICR Code
Bank Union Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Machhuatoli Patna
Contact
Bank Details Union Bank Of India Machhuatoli Patna UBIN0542458
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800004
Country IN
Address Arya kumar road, machhuatoli,patna, bihar, pin - 800 004.
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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 to find MICR codes for Union Bank in patna?

Union Bank patna MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Union Bank Of India MICR codes list for patna, one can further search by branch name specified in the table. You can find MICR codes for all Union Bank patna branches.

Union Bank Of India MICR code in patna

Union Bank MICR code is a character recognition technology used by banks in the processing of cheques. Union Bank Of India MICR code for patna branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Union Bank branches in patna, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Union Bank MICR code for patna branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Union Bank patna branch, sprinted 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. Thus MICR code for Union Bank Of India patna branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Union Bank MICR codes for patna branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!