UCO Bank Sultanpur Sultanpur Uttar Pradesh MICR CODE

Find MICR Codes for UCO Bank Sultanpur Sultanpur Uttar Pradesh

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MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Payagipur
Contact 5362-9219765111
Bank Details Uco Bank Payagipur UCBA0003584
Location Sultanpur, Sultanpur
City Sultanpur
District Sultanpur
State Uttar Pradesh
Pincode 228001
Country IN
Address Abha avenue near ganpat sahai madhavidyalay in front of indian petrol pump village payagipur po sultanpur - 228001
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 Payagipur 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, Payagipur branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Payagipur 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 -

>>Payagipur

MICR code for UCO Bank Payagipur

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 Payagipur 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 Payagipur branch. MICR code for Payagipur 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 Payagipur is presented in the table alongside.

Use of UCO Bank MICR code for Payagipur branch in sultanpur

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