UCO Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for UCO Bank Pune Pune Maharashtra

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hinjewadi
Contact 20-24544017
Bank Details Uco Bank Hinjewadi UCBA0003599
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411057
Country IN
Address Shop no g1, time square, hinjewadi dange chowk road opp kb bharat pertol pump hinjewadi pune - 411057 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 0 for Hinjewadi 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, Hinjewadi branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Hinjewadi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for UCO Bank Hinjewadi

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

Use of UCO Bank MICR code for Hinjewadi branch in pune

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