MICR Code: 470026501

Bank: Union Bank of India
IFSC Code: Ubin0532550
MICR Code: 470026501
Address: Bazar Ward, At & Post Garhakota, Dist. Sagar, Madhya Pradesh, Pin - 470 229.
City: Sagar
District: Garhakota
State: Madhya Pradesh

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 470026501.

  • In this case first three codes 470 is city code and it represents city Sagar.
  • Next three characters 026 represents bank Union Bank of India.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Bazar Ward, At & Post Garhakota, Dist. Sagar, Madhya Pradesh, Pin - 470 229..

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.