UCO Bank Hyderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for UCO Bank Hyderabad Hyderabad Urban Andhra Pradesh

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MICR Code	509028002
Bank	Uco Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mahaboobnagar
Contact	08542273848
Bank Details	Uco Bank Mahaboobnagar UCBA0002019

Location	Hyderabad, Hyderabad Urban
City	Hyderabad
District	Hyderabad Urban
State	Andhra Pradesh
Pincode	509002
Country	IN
Address	Ucobank, 7-5-108/b, venkateswara colony, opp.indian oil petrol pump,mahaboobnagar-509002

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 509028002 for Mahaboobnagar 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 509028002 of UCO Bank, Mahaboobnagar branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Mahaboobnagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Uco Bank are available with micr code -

>>Abid Circle >>Bandlaguda >>Banjara Hills >>Hyderabad Main >>Jubilee Hilss >>Kukatpally >>Mahaboobnagar >>Malakpet >>Suryanagar

MICR code for UCO Bank Mahaboobnagar

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 Mahaboobnagar 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. 509028002 is the MICR code of UCO Bank for Mahaboobnagar branch. MICR code for Mahaboobnagar 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 Mahaboobnagar is presented in the table alongside.

Use of UCO Bank MICR code for Mahaboobnagar branch in hyderabad

The MICR code 509028002 is used in RBI cheque clearing process to identify the branch Mahaboobnagar 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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