UCO Bank Sambalpur Sambalpur Orissa MICR CODE

Find MICR Codes for UCO Bank Sambalpur Sambalpur Orissa

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Budharaja
Contact 0663-2402806
Bank Details Uco Bank Budharaja UCBA0002101
Location Sambalpur, Sambalpur
City Sambalpur
District Sambalpur
State Orissa
Pincode 768004
Country IN
Address Budharaja, po/dist. Sambalpur
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 768028005 for Budharaja 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 768028005 of UCO Bank, Budharaja branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Budharaja branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Uco Bank are available with micr code -

>>Budharaja >>Kansabahal >>Rengali >>Sambalpur Main >>Sambalur City

MICR code for UCO Bank Budharaja

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 Budharaja 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. 768028005 is the MICR code of UCO Bank for Budharaja branch. MICR code for Budharaja 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 Budharaja is presented in the table alongside.

Use of UCO Bank MICR code for Budharaja branch in sambalpur

The MICR code 768028005 is used in RBI cheque clearing process to identify the branch Budharaja 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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