UCO Bank Balasore Balasore Orissa MICR CODE

Find MICR Codes for UCO Bank Balasore Balasore Orissa

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Balasore
Contact 06782263386
Bank Details Uco Bank Balasore UCBA0000462
Location Balasore, Balasore
City Balasore
District Balasore
State Orissa
Pincode 756001
Country IN
Address Ucobank, vivekananda marg, balasore-756001
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 756028002 for Balasore 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 756028002 of UCO Bank, Balasore branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Balasore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Uco Bank are available with micr code -

>>Balasore >>Barbil

MICR code for UCO Bank Balasore

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 Balasore 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. 756028002 is the MICR code of UCO Bank for Balasore branch. MICR code for Balasore 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 Balasore is presented in the table alongside.

Use of UCO Bank MICR code for Balasore branch in balasore

The MICR code 756028002 is used in RBI cheque clearing process to identify the branch Balasore 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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