City Union Bank Bengaluru Bengaluru Karnataka MICR CODE

Find MICR Codes for City Union Bank Bengaluru Bengaluru Karnataka

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Address

MICR Code	-NA-
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	Mathikere
Contact
Bank Details	City Union Bank Ltd Mathikere CIUB0000660

Location	Bengaluru, Bengaluru
City	Bengaluru
District	Bengaluru
State	Karnataka
Pincode
Country	IN
Address	No.7/1, msr boys home building, msr engineering college road, msrit post, mathikere

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 Mathikere 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, Mathikere branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Mathikere branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of City Union Bank Ltd are available with micr code -

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MICR code for City Union Bank Mathikere

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

Use of CUB Bank MICR code for Mathikere branch in bengaluru

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