UCO Bank Salone Varanasi Rai Bareliiy Uttar Pradesh MICR CODE

Find MICR Codes for UCO Bank Salone Varanasi Rai Bareliiy Uttar Pradesh

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Salone
Contact 9936459470
Bank Details Uco Bank Salone UCBA0003044
Location Salone Varanasi, Rai Bareliiy
City Salone Varanasi
District Rai Bareliiy
State Uttar Pradesh
Pincode 229127
Country IN
Address Post-salone,block-salone, distt. - raebareli tehsil-salon,pin-229127
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 Salone 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, Salone branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Salone 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 -

>>Salone

MICR code for UCO Bank Salone

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

Use of UCO Bank MICR code for Salone branch in salone varanasi

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