UCO Bank Walandi Latur Maharashtra MICR CODE

Find MICR Codes for UCO Bank Walandi Latur Maharashtra

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Walni Mines
Contact 7113237713
Bank Details Uco Bank Walni Mines UCBA0001859
Location Walandi, Latur
City Walandi
District Latur
State Maharashtra
Pincode 413519
Country IN
Address Uco bank walni mines
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 Walni Mines 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, Walni Mines branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Walni Mines 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 -

>>Walni Mines

MICR code for UCO Bank Walni Mines

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 Walni Mines 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 Walni Mines branch. MICR code for Walni Mines 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 Walni Mines is presented in the table alongside.

Use of UCO Bank MICR code for Walni Mines branch in walandi

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