UCO Bank Basantpur Simla Himachal Pradesh MICR CODE

Find MICR Codes for UCO Bank Basantpur Simla Himachal Pradesh

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gummanoti Khud
Contact 0177-2781282
Bank Details Uco Bank Gummanoti Khud UCBA0001405
Location Basantpur, Simla
City Basantpur
District Simla
State Himachal Pradesh
Pincode 171001
Country IN
Address Vpo gummanoti khud,via basantpur,dist. Shimla
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 171028018 for Gummanoti Khud 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 171028018 of UCO Bank, Gummanoti Khud branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Gummanoti Khud 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 -

>>Gummanoti Khud

MICR code for UCO Bank Gummanoti Khud

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 Gummanoti Khud 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. 171028018 is the MICR code of UCO Bank for Gummanoti Khud branch. MICR code for Gummanoti Khud 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 Gummanoti Khud is presented in the table alongside.

Use of UCO Bank MICR code for Gummanoti Khud branch in basantpur

The MICR code 171028018 is used in RBI cheque clearing process to identify the branch Gummanoti Khud 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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