UCO Bank Nakodar Nakodar Punjab MICR CODE

Find MICR Codes for UCO Bank Nakodar Nakodar Punjab

MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nakodar
Contact 01821-220012
Bank Details Uco Bank Nakodar UCBA0000124
Location Nakodar, Nakodar
City Nakodar
District Nakodar
State Punjab
Pincode 144040
Country IN
Address Ladhar complex nurmahal road
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 144028202 for Nakodar 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 144028202 of UCO Bank, Nakodar branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Nakodar 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 -

>>Nakodar

MICR code for UCO Bank Nakodar

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 Nakodar 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. 144028202 is the MICR code of UCO Bank for Nakodar branch. MICR code for Nakodar 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 Nakodar is presented in the table alongside.

Use of UCO Bank MICR code for Nakodar branch in nakodar

The MICR code 144028202 is used in RBI cheque clearing process to identify the branch Nakodar 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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