UCO Bank Nayagaon Rupnagar Punjab MICR CODE

Find MICR Codes for UCO Bank Nayagaon Rupnagar Punjab

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MICR Code	160028004
Bank	Uco Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nayagaon
Contact	0172-2785301
Bank Details	Uco Bank Nayagaon UCBA0000921

Location	Nayagaon, Rupnagar
City	Nayagaon
District	Rupnagar
State	Punjab
Pincode	140001
Country	IN
Address	Uco bank nayagaon branch

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 160028004 for Nayagaon 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 160028004 of UCO Bank, Nayagaon branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Nayagaon 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 -

>>Nayagaon

MICR code for UCO Bank Nayagaon

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 Nayagaon 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. 160028004 is the MICR code of UCO Bank for Nayagaon branch. MICR code for Nayagaon 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 Nayagaon is presented in the table alongside.

Use of UCO Bank MICR code for Nayagaon branch in nayagaon

The MICR code 160028004 is used in RBI cheque clearing process to identify the branch Nayagaon 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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