City Union Bank Erode Erode Tamil Nadu MICR CODE

Find MICR Codes for City Union Bank Erode Erode Tamil Nadu

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State
District
City
Branch
Address

MICR Code	-NA-
Bank	City Union Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chennimalai
Contact
Bank Details	City Union Bank Ltd Chennimalai CIUB0000635

Location	Erode, Erode
City	Erode
District	Erode
State	Tamil Nadu
Pincode
Country	IN
Address	No.24,appay chettiar street,chennimalai,erode

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 Chennimalai 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 CUB Bank, Chennimalai branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Chennimalai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of City Union Bank Ltd are available with micr code -

>>Chennimalai >>Erode >>Modakurichi >>Moolapalayam >>Nambiyur >>Pallipalayam >>Punjai Puliyampatti >>Sivagiri >>Thindal >>Tiruppur Dharapuram Road >>Uthukuli >>Veerappanchatiram

MICR code for City Union Bank Chennimalai

City Union Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. CUB Bank MICR code for Chennimalai 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 City Union Bank for Chennimalai branch. MICR code for Chennimalai 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 CUB Bank Chennimalai is presented in the table alongside.

Use of CUB Bank MICR code for Chennimalai branch in erode

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chennimalai and CUB 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 City Union Bank is typically in either of these two font’s: E-138 and CMC-7.

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