City Union Bank Sivaganga Sivaganga Tamil Nadu MICR CODE

Find MICR Codes for City Union Bank Sivaganga Sivaganga 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 Ilayangudi
Contact 7667923077
Bank Details City Union Bank Ltd Ilayangudi CIUB0000535
Location Sivaganga, Sivaganga
City Sivaganga
District Sivaganga
State Tamil Nadu
Pincode
Country IN
Address No. 240/2,kamarajar road,manivasagam nagar, ilayangudi,sivaganga
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 Ilayangudi 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, Ilayangudi branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Ilayangudi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of City Union Bank Ltd are available with micr code -

>>Ilayangudi >>Kalayarkoil

MICR code for City Union Bank Ilayangudi

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

Use of CUB Bank MICR code for Ilayangudi branch in sivaganga

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