MICR CODE | 492026010 |
---|---|
Bank | Union Bank Of India |
Branch | Lily Chowk |
IFSC Code | IFSC Code Union Bank Of India |
Address | House No 427 428 Lily Chowk Purani Basti Ward No 49 Raipur 492001 |
City | Raipur |
State | Chhattisgarh |
Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).