UCO Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for UCO Bank Pune Pune Maharashtra

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pune City
Contact 02024451840
Bank Details Uco Bank Pune City UCBA0000064
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411004
Country IN
Address Pune city branch (post box 515), 659, sadashiv peth, pune - 411 004, maharashtra.
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 411028002 for Pune City 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 411028002 of UCO Bank, Pune City branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Pune City branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for UCO Bank Pune City

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 Pune City 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. 411028002 is the MICR code of UCO Bank for Pune City branch. MICR code for Pune City 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 Pune City is presented in the table alongside.

Use of UCO Bank MICR code for Pune City branch in pune

The MICR code 411028002 is used in RBI cheque clearing process to identify the branch Pune City 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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