UCO Bank Bhubaneswar Khurda Orissa MICR CODE

Find MICR Codes for UCO Bank Bhubaneswar Khurda Orissa

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chandrashekharpur
Contact 9776522172
Bank Details Uco Bank Chandrashekharpur UCBA0002543
Location Bhubaneswar, Khurda
City Bhubaneswar
District Khurda
State Orissa
Pincode 751016
Country IN
Address Plot no-262 district centre chandrashekharpur bhubaneswar
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 Chandrashekharpur 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, Chandrashekharpur branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Chandrashekharpur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for UCO Bank Chandrashekharpur

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

Use of UCO Bank MICR code for Chandrashekharpur branch in bhubaneswar

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