MICR Code: 306026002

Bank: Union Bank of India
IFSC Code: Ubin0559164
MICR Code: 306026002
Address: Shreenath 87 C Durgadas Nagar Pali Rajasthan
City: Pali
District: Pali
State: Rajasthan

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 306026002.

  • In this case first three codes 306 is city code and it represents city Pali.
  • Next three characters 026 represents bank Union Bank of India.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Shreenath 87 C Durgadas Nagar Pali Rajasthan.

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.