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United Overseas Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for United Overseas Bank Mumbai Mumbai Maharashtra

MICR Code
Bank United Overseas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mumbai Branch
Contact 22-42472828
Bank Details United Overseas Bank Mumbai Branch UOVB00000SC
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400051
Country IN
Address United overseas bank ltd, unit 31, 32, 37, 3rd floor, 3rd north avenue, maker maxity, bkc, bandra east, mumbai - 400051
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 Mumbai Branch 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 UOB, Mumbai Branch branch makes the system almost error free and faster. Use of UOB MICR codes for Mumbai Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of United Overseas Bank are available with micr code -

>>Mumbai >>Mumbai Branch

MICR code for United Overseas Bank Mumbai Branch

United Overseas Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. UOB MICR code for Mumbai Branch 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 United Overseas Bank for Mumbai Branch branch. MICR code for Mumbai Branch 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 UOB Mumbai Branch is presented in the table alongside.

Use of UOB MICR code for Mumbai Branch branch in mumbai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mumbai Branch and UOB 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 United Overseas Bank is typically in either of these two font’s: E-138 and CMC-7.