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UCO Bank Daman Daman Daman And Diu MICR CODE

Find MICR Codes for UCO Bank Daman Daman Daman And Diu

MICR Code
Bank Uco Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Daman
Contact 0260-2255080
Bank Details Uco Bank Daman UCBA0000272
Location Daman, Daman
City Daman
District Daman
State Daman And Diu
Pincode 396210
Country IN
Address Nassewanji terrace, main rd
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 396028131 for Daman 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 396028131 of UCO Bank, Daman branch makes the system almost error free and faster. Use of UCO Bank MICR codes for Daman 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 -

>>Daman

MICR code for UCO Bank Daman

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 Daman 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. 396028131 is the MICR code of UCO Bank for Daman branch. MICR code for Daman 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 Daman is presented in the table alongside.

Use of UCO Bank MICR code for Daman branch in daman

The MICR code 396028131 is used in RBI cheque clearing process to identify the branch Daman 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.