UCO Bank Ponda North Goa Goa MICR CODE

Find MICR Codes for UCO Bank Ponda North Goa Goa

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ponda Goa
Contact 9421749606
Bank Details Uco Bank Ponda Goa UCBA0002226
Location Ponda, North Goa
City Ponda
District North Goa
State Goa
Pincode 403401
Country IN
Address Ponda goa,st annes reg near vitoba temple
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 403028009 for Ponda Goa 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 403028009 of UCO Bank, Ponda Goa branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Ponda Goa 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 -

>>Ponda Goa

MICR code for UCO Bank Ponda Goa

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 Ponda Goa 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. 403028009 is the MICR code of UCO Bank for Ponda Goa branch. MICR code for Ponda Goa 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 Ponda Goa is presented in the table alongside.

Use of UCO Bank MICR code for Ponda Goa branch in ponda

The MICR code 403028009 is used in RBI cheque clearing process to identify the branch Ponda Goa 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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