UCO Bank Bolangir Loisingha Orissa MICR CODE

Find MICR Codes for UCO Bank Bolangir Loisingha Orissa

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Loisingha
Contact 663-6632541412
Bank Details Uco Bank Loisingha UCBA0003486
Location Bolangir, Loisingha
City Bolangir
District Loisingha
State Orissa
Pincode 767020
Country IN
Address Main market loisingha, dist bolangir, odisha, pin 767020
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 Loisingha 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, Loisingha branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Loisingha 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 -

>>Loisingha

MICR code for UCO Bank Loisingha

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

Use of UCO Bank MICR code for Loisingha branch in bolangir

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