Union Bank of India Karwar (UBI)
Karwar · Uttara Kannada, Karnataka
581026202 is the MICR code for the Karwar branch of Union Bank of India, located in Uttara Kannada, Karnataka. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code UBIN0549851.
Bank
Union Bank of India
Branch & Address
Karwar
Dattatreya Complex, Dist. Karwar, Karnataka, PIN - 581 301.
Uttara Kannada, Karwar, Karnataka
Contact
227580MICR Code Structure
581
City
026
Bank
202
Branch
City code 581 identifies the RBI clearing centre, bank code 026 identifies Union Bank of India, and branch code 202 identifies this specific branch.
Online Payment Methods Supported
Other Union Bank of India (UBI) branches near Uttara Kannada
Other banks in Uttara Kannada, Karnataka
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (UBIN0549851) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 581026202 is in the middle, and your account number is on the right.