UCO Bank Budgam Budgam Jammu And Kashmir MICR CODE

Find MICR Codes for UCO Bank Budgam Budgam Jammu And Kashmir

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Budgam
Contact 194-9501888668
Bank Details Uco Bank Budgam UCBA0003552
Location Budgam, Budgam
City Budgam
District Budgam
State Jammu And Kashmir
Pincode 191111
Country IN
Address Budgam, al murtaza house, near bus stand budgam, jammu kashmir 191111
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 Budgam 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, Budgam branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Budgam 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 -

>>Budgam

MICR code for UCO Bank Budgam

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

Use of UCO Bank MICR code for Budgam branch in budgam

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