UCO Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for UCO Bank Mumbai Greater Bombay Maharashtra

MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mc D N Road
Contact 02222870781
Bank Details Uco Bank Mc D N Road UCBA0001979
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 400023
Country IN
Address Uco bank, d n road, mumbai - 400 023
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 400028058 for Mc D N Road 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 400028058 of UCO Bank, Mc D N Road branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Mc D N Road branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for UCO Bank Mc D N Road

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 Mc D N Road 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. 400028058 is the MICR code of UCO Bank for Mc D N Road branch. MICR code for Mc D N Road 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 Mc D N Road is presented in the table alongside.

Use of UCO Bank MICR code for Mc D N Road branch in mumbai

The MICR code 400028058 is used in RBI cheque clearing process to identify the branch Mc D N Road 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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