UCO Bank Bhilainagar Durg Chhattisgarh MICR CODE

Find MICR Codes for UCO Bank Bhilainagar Durg Chhattisgarh

MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhilai Sector I
Contact 07882223583
Bank Details Uco Bank Bhilai Sector I UCBA0000125
Location Bhilainagar, Durg
City Bhilainagar
District Durg
State Chhattisgarh
Pincode 490006
Country IN
Address Uco bank,bhilai steel plant,sector i,p.o. Bhilai,durg,chattisgarh
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 490028002 for Bhilai Sector I 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 490028002 of UCO Bank, Bhilai Sector I branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Bhilai Sector I branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Uco Bank are available with micr code -

>>Bhilai Sector I >>Civic Centre Bhilai >>Nehru Nagar Bhilai >>Tri Junction Bhilai

MICR code for UCO Bank Bhilai Sector I

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 Bhilai Sector I 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. 490028002 is the MICR code of UCO Bank for Bhilai Sector I branch. MICR code for Bhilai Sector I 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 Bhilai Sector I is presented in the table alongside.

Use of UCO Bank MICR code for Bhilai Sector I branch in bhilainagar

The MICR code 490028002 is used in RBI cheque clearing process to identify the branch Bhilai Sector I 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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