UCO Bank Sas Nagar(Mohali) Rupnagar Punjab MICR CODE

Find MICR Codes for UCO Bank Sas Nagar(Mohali) Rupnagar Punjab

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MICR Code	160028014
Bank	Uco Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mohali Sector 70
Contact	0172-2274505
Bank Details	Uco Bank Mohali Sector 70 UCBA0002065

Location	Sas Nagar(Mohali), Rupnagar
City	Sas Nagar(Mohali)
District	Rupnagar
State	Punjab
Pincode	160071
Country	IN
Address	Mohali sector 70, sco 505 landra road

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 160028014 for Mohali Sector 70 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 160028014 of UCO Bank, Mohali Sector 70 branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Mohali Sector 70 branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Uco Bank are available with micr code -

>>Mohali >>Mohali Sector 70

MICR code for UCO Bank Mohali Sector 70

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 Mohali Sector 70 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. 160028014 is the MICR code of UCO Bank for Mohali Sector 70 branch. MICR code for Mohali Sector 70 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 Mohali Sector 70 is presented in the table alongside.

Use of UCO Bank MICR code for Mohali Sector 70 branch in sas nagar(mohali)

The MICR code 160028014 is used in RBI cheque clearing process to identify the branch Mohali Sector 70 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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