City Union Bank Jabalpur Madhya Pradesh Madhya Pradesh MICR CODE

Find MICR Codes for City Union Bank Jabalpur Madhya Pradesh Madhya Pradesh

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MICR Code
Bank City Union Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jabalpur
Contact 761-8925909799
Bank Details City Union Bank Ltd Jabalpur CIUB0000799
Location Jabalpur, Madhya Pradesh
City Jabalpur
District Madhya Pradesh
State Madhya Pradesh
Pincode
Country IN
Address 1965, napier town,naudra bridge,jabalpur,jabalpur
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 Jabalpur 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, Jabalpur branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Jabalpur 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 -

>>Jabalpur

MICR code for City Union Bank Jabalpur

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

Use of CUB Bank MICR code for Jabalpur branch in jabalpur

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