City Union Bank Hyderabad Siddiamber Bazaar Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for City Union Bank Hyderabad Siddiamber Bazaar Hyderabad Andhra Pradesh

↻ Reload
MICR Code
Bank City Union Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hyderabad Siddiamber Bazaar
Contact
Bank Details City Union Bank Ltd Hyderabad Siddiamber Bazaar CIUB0000264
Location Hyderabad Siddiamber Bazaar, Hyderabad
City Hyderabad Siddiamber Bazaar
District Hyderabad
State Andhra Pradesh
Pincode 500012
Country IN
Address “shika enclave”, 1st floor,15-1-515 to 521 & 539,siddiamber bazaar,hyderabad - 500 012,andhra pradesh.
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 Hyderabad Siddiamber Bazaar 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, Hyderabad Siddiamber Bazaar branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Hyderabad Siddiamber Bazaar 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 -

>>Hyderabad Siddiamber Bazaar

MICR code for City Union Bank Hyderabad Siddiamber Bazaar

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 Hyderabad Siddiamber Bazaar 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 Hyderabad Siddiamber Bazaar branch. MICR code for Hyderabad Siddiamber Bazaar 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 Hyderabad Siddiamber Bazaar is presented in the table alongside.

Use of CUB Bank MICR code for Hyderabad Siddiamber Bazaar branch in hyderabad siddiamber bazaar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Hyderabad Siddiamber Bazaar 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.

Copied!