UCO Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for UCO Bank Pune Pune Maharashtra

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kondhwa Pune
Contact 020-26832403
Bank Details Uco Bank Kondhwa Pune UCBA0001759
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411048
Country IN
Address Kondhwa pune branch pune
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 411028015 for Kondhwa Pune 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 411028015 of UCO Bank, Kondhwa Pune branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Kondhwa Pune branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for UCO Bank Kondhwa Pune

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 Kondhwa Pune 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. 411028015 is the MICR code of UCO Bank for Kondhwa Pune branch. MICR code for Kondhwa Pune 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 Kondhwa Pune is presented in the table alongside.

Use of UCO Bank MICR code for Kondhwa Pune branch in pune

The MICR code 411028015 is used in RBI cheque clearing process to identify the branch Kondhwa Pune 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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