UCO Bank Markandapur Jajpur Orissa MICR CODE

Find MICR Codes for UCO Bank Markandapur Jajpur Orissa

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Markandpur
Contact 06728-222162
Bank Details Uco Bank Markandpur UCBA0001570
Location Markandapur, Jajpur
City Markandapur
District Jajpur
State Orissa
Pincode 755062
Country IN
Address Vill. & p.o. - markand via devidwar,jajpur
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 755028007 for Markandpur 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 755028007 of UCO Bank, Markandpur branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Markandpur 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 -

>>Markandpur

MICR code for UCO Bank Markandpur

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 Markandpur 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. 755028007 is the MICR code of UCO Bank for Markandpur branch. MICR code for Markandpur 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 Markandpur is presented in the table alongside.

Use of UCO Bank MICR code for Markandpur branch in markandapur

The MICR code 755028007 is used in RBI cheque clearing process to identify the branch Markandpur 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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