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UCO Bank Mormugao South Goa Goa MICR CODE

Find MICR Codes for UCO Bank Mormugao South Goa Goa

MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vasco Da Gama
Contact 0832-2512280/2512365
Bank Details Uco Bank Vasco Da Gama UCBA0000169
Location Mormugao, South Goa
City Mormugao
District South Goa
State Goa
Pincode 403802
Country IN
Address Ucobank, no 4, pereira chambers, opposite anant ashram, pe.jose.vaz road, vasco da gama, goa,pin-403802
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 403028003 for Vasco Da Gama 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 403028003 of UCO Bank, Vasco Da Gama branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Vasco Da Gama 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 -

>>Vasco Da Gama

MICR code for UCO Bank Vasco Da Gama

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 Vasco Da Gama 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. 403028003 is the MICR code of UCO Bank for Vasco Da Gama branch. MICR code for Vasco Da Gama 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 Vasco Da Gama is presented in the table alongside.

Use of UCO Bank MICR code for Vasco Da Gama branch in mormugao

The MICR code 403028003 is used in RBI cheque clearing process to identify the branch Vasco Da Gama 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.