City Union Bank Gobichettipalayam Erode Tamil Nadu MICR CODE

Find MICR Codes for City Union Bank Gobichettipalayam Erode 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 Gobichettipalayam
Contact Mr. Vijayanarasimhan - (044) 28297293,28297208
Bank Details City Union Bank Ltd Gobichettipalayam CIUB0000092
Location Gobichettipalayam, Erode
City Gobichettipalayam
District Erode
State Tamil Nadu
Pincode 638452
Country IN
Address 25, raja street,pudupalayam
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 Gobichettipalayam 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, Gobichettipalayam branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Gobichettipalayam 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 -

>>Gobichettipalayam

MICR code for City Union Bank Gobichettipalayam

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 Gobichettipalayam 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 Gobichettipalayam branch. MICR code for Gobichettipalayam 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 Gobichettipalayam is presented in the table alongside.

Use of CUB Bank MICR code for Gobichettipalayam branch in gobichettipalayam

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