UCO Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for UCO Bank Pune Pune Maharashtra

MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mukundnagar Pune
Contact 02024269111
Bank Details Uco Bank Mukundnagar Pune UCBA0001684
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411037
Country IN
Address Uco bank, mukund nagar, opp dsk apts, pune 411037
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 411028012 for Mukundnagar Pune 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 411028012 of UCO Bank, Mukundnagar Pune branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Mukundnagar Pune branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for UCO Bank Mukundnagar Pune

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 Mukundnagar Pune 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. 411028012 is the MICR code of UCO Bank for Mukundnagar Pune branch. MICR code for Mukundnagar Pune 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 Mukundnagar Pune is presented in the table alongside.

Use of UCO Bank MICR code for Mukundnagar Pune branch in pune

The MICR code 411028012 is used in RBI cheque clearing process to identify the branch Mukundnagar Pune 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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