UCO Bank Basni Nagaur Rajasthan MICR CODE

Find MICR Codes for UCO Bank Basni Nagaur Rajasthan

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Basni
Contact 01582-256139
Bank Details Uco Bank Basni UCBA0000721
Location Basni, Nagaur
City Basni
District Nagaur
State Rajasthan
Pincode 341021
Country IN
Address Uco bank basni distt-nagaur
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 Basni 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, Basni branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Basni branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Uco Bank are available with micr code -

>>Basni

MICR code for UCO Bank Basni

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 Basni 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 Basni branch. MICR code for Basni 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 Basni is presented in the table alongside.

Use of UCO Bank MICR code for Basni branch in basni

The MICR code 0 is used in RBI cheque clearing process to identify the branch Basni 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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