UCO Bank Phagi Jaipur Rajasthan MICR CODE

Find MICR Codes for UCO Bank Phagi Jaipur Rajasthan

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Phagi
Contact 9414717157
Bank Details Uco Bank Phagi UCBA0002609
Location Phagi, Jaipur
City Phagi
District Jaipur
State Rajasthan
Pincode 303005
Country IN
Address Opposite panchayat samiti, jaipur bhilwara road, village & post- phagi
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 0 for Phagi 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 0 of UCO Bank, Phagi branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Phagi 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 -

>>Phagi

MICR code for UCO Bank Phagi

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 Phagi 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. 0 is the MICR code of UCO Bank for Phagi branch. MICR code for Phagi 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 Phagi is presented in the table alongside.

Use of UCO Bank MICR code for Phagi branch in phagi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Phagi 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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