UCO Bank Maihar Satna Madhya Pradesh MICR CODE

Find MICR Codes for UCO Bank Maihar Satna Madhya Pradesh

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sonwari
Contact 7674277100
Bank Details Uco Bank Sonwari UCBA0001009
Location Maihar, Satna
City Maihar
District Satna
State Madhya Pradesh
Pincode 485771
Country IN
Address Uco bank sonwari
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 Sonwari 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, Sonwari branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Sonwari 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 -

>>Sonwari

MICR code for UCO Bank Sonwari

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

Use of UCO Bank MICR code for Sonwari branch in maihar

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