UCO Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for UCO Bank Nagpur Nagpur Maharashtra

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sitabuldi Nagpur
Contact 07122522230
Bank Details Uco Bank Sitabuldi Nagpur UCBA0000296
Location Nagpur, Nagpur
City Nagpur
District Nagpur
State Maharashtra
Pincode 440012
Country IN
Address Uco bank, mahajan market,sitabuldi nagpur,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 440028007 for Sitabuldi Nagpur 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 440028007 of UCO Bank, Sitabuldi Nagpur branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Sitabuldi Nagpur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for UCO Bank Sitabuldi Nagpur

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 Sitabuldi Nagpur 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. 440028007 is the MICR code of UCO Bank for Sitabuldi Nagpur branch. MICR code for Sitabuldi Nagpur 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 Sitabuldi Nagpur is presented in the table alongside.

Use of UCO Bank MICR code for Sitabuldi Nagpur branch in nagpur

The MICR code 440028007 is used in RBI cheque clearing process to identify the branch Sitabuldi Nagpur 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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