UCO Bank Samastipur Samstipur Bihar MICR CODE

Find MICR Codes for UCO Bank Samastipur Samstipur Bihar

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mohanpur Market
Contact 6243-220068
Bank Details Uco Bank Mohanpur Market UCBA0003717
Location Samastipur, Samstipur
City Samastipur
District Samstipur
State Bihar
Pincode 848101
Country IN
Address Near ceat tyre agency, opposite durga mandir, mohanpur, samastipur, bihar po 848101
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 Mohanpur Market 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, Mohanpur Market branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Mohanpur Market branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Uco Bank are available with micr code -

>>Mohanpur Market

MICR code for UCO Bank Mohanpur Market

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 Mohanpur Market 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 Mohanpur Market branch. MICR code for Mohanpur Market 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 Mohanpur Market is presented in the table alongside.

Use of UCO Bank MICR code for Mohanpur Market branch in samastipur

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