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Uco Bank Kolkata Kolkata West Bengal MICR CODE

Find MICR Codes for Uco Bank Kolkata Kolkata West Bengal

MICR Code:
Bank: Uco Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: India Exchange Place
Contact: 03322303383
Bank Details: Uco Bank India Exchange Place UCBA0000002
Location: Kolkata, Kolkata
City: Kolkata
District: Kolkata
State: West Bengal
Pincode: 700001
Country: IN
Address: India exchange place branch (post box 2148), 2, india exchange place, calcutta - 700 001, west bengal.
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 700028015 for India Exchange Place 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 700028015 of Uco Bank, India Exchange Place branch makes the system almost error free and faster. Use of Uco Bank MICR codes for India Exchange Place branch, makes the characters readable even if there are other marks and stamps on it.

A total of 109 branches of Uco Bank are available with micr code -

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MICR code for Uco Bank India Exchange Place

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 India Exchange Place 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. 700028015 is the MICR code of Uco Bank for India Exchange Place branch. MICR code for India Exchange Place 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 India Exchange Place is presented in the table alongside.

Use of Uco Bank MICR code for India Exchange Place branch in kolkata

The MICR code 700028015 is used in RBI cheque clearing process to identify the branch India Exchange Place 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.