City Union Bank Perur Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for City Union Bank Perur Coimbatore Tamil Nadu

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MICR Code
Bank City Union Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Coimbatore Perur
Contact
Bank Details City Union Bank Ltd Coimbatore Perur CIUB0000282
Location Perur, Coimbatore
City Perur
District Coimbatore
State Tamil Nadu
Pincode 641010
Country IN
Address D.no.3/14 f to 3/14j,siruvani main road,perur – 641 010.
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 Coimbatore Perur 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, Coimbatore Perur branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Coimbatore Perur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of City Union Bank Ltd are available with micr code -

>>Coimbatore Perur

MICR code for City Union Bank Coimbatore Perur

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 Coimbatore Perur 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 Coimbatore Perur branch. MICR code for Coimbatore Perur 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 Coimbatore Perur is presented in the table alongside.

Use of CUB Bank MICR code for Coimbatore Perur branch in perur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Coimbatore Perur 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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