UCO Bank Lucknow Lucknow Uttar Pradesh MICR CODE

Find MICR Codes for UCO Bank Lucknow Lucknow Uttar Pradesh

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Asset Management Lucknow
Contact 9005847640
Bank Details Uco Bank Asset Management Lucknow UCBA0002395
Location Lucknow, Lucknow
City Lucknow
District Lucknow
State Uttar Pradesh
Pincode 226002
Country IN
Address 1/8a,vishwas khand, gomti nagar,lucknow up
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 Lucknow 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 Lucknow branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Asset Management Lucknow branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for UCO Bank Asset Management Lucknow

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 Lucknow 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 Lucknow branch. MICR code for Asset Management Lucknow 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 Lucknow is presented in the table alongside.

Use of UCO Bank MICR code for Asset Management Lucknow branch in lucknow

The MICR code 0 is used in RBI cheque clearing process to identify the branch Asset Management Lucknow 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.

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