UCO Bank Chandrapur Chandrapur Maharashtra MICR CODE

Find MICR Codes for UCO Bank Chandrapur Chandrapur Maharashtra

MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ghugus
Contact 07172-275040
Bank Details Uco Bank Ghugus UCBA0000911
Location Chandrapur, Chandrapur
City Chandrapur
District Chandrapur
State Maharashtra
Pincode 442505
Country IN
Address At& po ghugus colliery western coalfield ltd.
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 442028505 for Ghugus 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 442028505 of UCO Bank, Ghugus branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Ghugus 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 -

>>Chandarayatwari >>Chandrapur >>Ghugus >>Mahakali

MICR code for UCO Bank Ghugus

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 Ghugus 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. 442028505 is the MICR code of UCO Bank for Ghugus branch. MICR code for Ghugus 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 Ghugus is presented in the table alongside.

Use of UCO Bank MICR code for Ghugus branch in chandrapur

The MICR code 442028505 is used in RBI cheque clearing process to identify the branch Ghugus 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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