UCO Bank Georai Bid Maharashtra MICR CODE

Find MICR Codes for UCO Bank Georai Bid Maharashtra

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State
District
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Address

MICR Code	-NA-
Bank	Uco Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Beed
Contact	8626075311
Bank Details	Uco Bank Beed UCBA0003285

Location	Georai, Bid
City	Georai
District	Bid
State	Maharashtra
Pincode	431127
Country	IN
Address	Pragati plywood centre, ward no.2, gate no. 11subhash road malives, beed

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 Beed 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, Beed branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Beed 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 -

>>Beed

MICR code for UCO Bank Beed

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

Use of UCO Bank MICR code for Beed branch in georai

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