Union Bank of India Palai (UBI)
Palai · Kottayam, Kerala
686026302 is the MICR code for the Palai branch of Union Bank of India, located in Kottayam, Kerala. 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 UBIN0555614.
Bank
Union Bank of India
Branch & Address
Palai
Moons Building, Opp. Mini Civil Station, Pala, Dist.kottayam, Kerala
Kottayam, Palai, Kerala
Contact
2200288MICR Code Structure
686
City
026
Bank
302
Branch
City code 686 identifies the RBI clearing centre, bank code 026 identifies Union Bank of India, and branch code 302 identifies this specific branch.
Online Payment Methods Supported
Other Union Bank of India (UBI) branches near Kottayam
Other banks in Kottayam, Kerala
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 (UBIN0555614) 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 686026302 is in the middle, and your account number is on the right.