UCO Bank Indore Indore Madhya Pradesh MICR CODE

Find MICR Codes for UCO Bank Indore Indore Madhya Pradesh

MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sukhliya
Contact 9425329507
Bank Details Uco Bank Sukhliya UCBA0002388
Location Indore, Indore
City Indore
District Indore
State Madhya Pradesh
Pincode 452001
Country IN
Address Am-28, sukhliya, pandit deen dayal nagar,indore
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 Sukhliya 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, Sukhliya branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Sukhliya branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for UCO Bank Sukhliya

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

Use of UCO Bank MICR code for Sukhliya branch in indore

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