UCO Bank Sambalpur Rairakhol Orissa MICR CODE

Find MICR Codes for UCO Bank Sambalpur Rairakhol Orissa

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rairakhol
Contact 663-2541320
Bank Details Uco Bank Rairakhol UCBA0003459
Location Sambalpur, Rairakhol
City Sambalpur
District Rairakhol
State Orissa
Pincode 768106
Country IN
Address Near sbi rairakhol, sambalpur, odisha 768106
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 Rairakhol 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, Rairakhol branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Rairakhol 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 -

>>Rairakhol

MICR code for UCO Bank Rairakhol

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 Rairakhol 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 Rairakhol branch. MICR code for Rairakhol 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 Rairakhol is presented in the table alongside.

Use of UCO Bank MICR code for Rairakhol branch in sambalpur

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