UCO Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for UCO Bank Nagpur Nagpur Maharashtra

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mid Corporate Branch
Contact 0712-2222880
Bank Details Uco Bank Mid Corporate Branch UCBA0002055
Location Nagpur, Nagpur
City Nagpur
District Nagpur
State Maharashtra
Pincode 440001
Country IN
Address Mid corporate branch plot no 9
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 440028012 for Mid Corporate Branch 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 440028012 of UCO Bank, Mid Corporate Branch branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Mid Corporate Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for UCO Bank Mid Corporate Branch

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 Mid Corporate Branch 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. 440028012 is the MICR code of UCO Bank for Mid Corporate Branch branch. MICR code for Mid Corporate Branch 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 Mid Corporate Branch is presented in the table alongside.

Use of UCO Bank MICR code for Mid Corporate Branch branch in nagpur

The MICR code 440028012 is used in RBI cheque clearing process to identify the branch Mid Corporate Branch 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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