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United Bank Bondumunda Sundergarh Orissa MICR CODE

Find MICR Codes for United Bank Bondumunda Sundergarh Orissa

Bank
State
District
City
Branch
Address

MICR Code	700027203
Bank	United Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bondamunda
Contact	(033) 23374061
Bank Details	United Bank Of India Bondamunda UTBI0BON492

Location	Bondumunda, Sundergarh
City	Bondumunda
District	Sundergarh
State	Orissa
Pincode	770032
Country	IN
Address	Po-bondamunda, sundargarh - 770032, orissa

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 700027203 for Bondamunda 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 700027203 of United Bank India, Bondamunda branch makes the system almost error free and faster. Use of United Bank India MICR codes for Bondamunda branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of United Bank Of India are available with micr code -

>>Bondamunda

MICR code for United Bank Bondamunda

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 Bondamunda 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. 700027203 is the MICR code of United Bank for Bondamunda branch. MICR code for Bondamunda 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 Bondamunda is presented in the table alongside.

Use of United Bank India MICR code for Bondamunda branch in bondumunda

The MICR code 700027203 is used in RBI cheque clearing process to identify the branch Bondamunda 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.