City Union Bank Karamadai Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for City Union Bank Karamadai Coimbatore Tamil Nadu

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MICR Code	641054018
Bank	City Union Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Karamadai
Contact	9344023525
Bank Details	City Union Bank Ltd Karamadai CIUB0000324

Location	Karamadai, Coimbatore
City	Karamadai
District	Coimbatore
State	Tamil Nadu
Pincode	641104
Country	IN
Address	21/23-1,south car street, karamadai

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 641054018 for Karamadai 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 641054018 of CUB Bank, Karamadai branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Karamadai 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 -

>>Karamadai

MICR code for City Union Bank Karamadai

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 Karamadai 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. 641054018 is the MICR code of City Union Bank for Karamadai branch. MICR code for Karamadai 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 Karamadai is presented in the table alongside.

Use of CUB Bank MICR code for Karamadai branch in karamadai

The MICR code 641054018 is used in RBI cheque clearing process to identify the branch Karamadai 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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