UCO Bank Bhubaneswar Khurda Orissa MICR CODE

Find MICR Codes for UCO Bank Bhubaneswar Khurda Orissa

↻ Reload
MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Asset Management Bhubhaneswar
Contact
Bank Details Uco Bank Asset Management Bhubhaneswar UCBA0002392
Location Bhubaneswar, Khurda
City Bhubaneswar
District Khurda
State Orissa
Pincode 751009
Country IN
Address Uco bank building, 3rd floor,c-2 ashok nagar, bhubaneswar -751009
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 0 for Asset Management Bhubhaneswar branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of UCO Bank, Asset Management Bhubhaneswar branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Asset Management Bhubhaneswar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for UCO Bank Asset Management Bhubhaneswar

UCO Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. UCO Bank MICR code for Asset Management Bhubhaneswar is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of UCO Bank for Asset Management Bhubhaneswar branch. MICR code for Asset Management Bhubhaneswar branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for UCO Bank Asset Management Bhubhaneswar is presented in the table alongside.

Use of UCO Bank MICR code for Asset Management Bhubhaneswar branch in bhubaneswar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Asset Management Bhubhaneswar and UCO Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of UCO Bank is typically in either of these two font’s: E-138 and CMC-7.

Copied!