UCO Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for UCO Bank Ludhiana Ludhiana Punjab

MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mid Corporate Ludhiana
Contact 0161-2222295,2225295
Bank Details Uco Bank Mid Corporate Ludhiana UCBA0002066
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 141003
Country IN
Address Uco bank, mid corporate branch, industrial area-a, r.k.road, ludhiana-141003
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 141028019 for Mid Corporate Ludhiana 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 141028019 of UCO Bank, Mid Corporate Ludhiana branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Mid Corporate Ludhiana branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for UCO Bank Mid Corporate Ludhiana

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 Mid Corporate Ludhiana 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. 141028019 is the MICR code of UCO Bank for Mid Corporate Ludhiana branch. MICR code for Mid Corporate Ludhiana 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 Mid Corporate Ludhiana is presented in the table alongside.

Use of UCO Bank MICR code for Mid Corporate Ludhiana branch in ludhiana

The MICR code 141028019 is used in RBI cheque clearing process to identify the branch Mid Corporate Ludhiana 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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