City Union Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for City Union Bank Chennai Chennai Tamil Nadu

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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	Mount Road (Chennai)
Contact	Mr. Vijayanarasimhan - (044) 28297293,28297208
Bank Details	City Union Bank Ltd Mount Road (Chennai) CIUB0000049

Location	Chennai, Chennai
City	Chennai
District	Chennai
State	Tamil Nadu
Pincode	600006
Country	IN
Address	706 mount road,p b no 475

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

A total of 55 branches of City Union Bank Ltd are available with micr code -

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MICR code for City Union Bank Mount Road (Chennai)

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 Mount Road (Chennai) 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 Mount Road (Chennai) branch. MICR code for Mount Road (Chennai) 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 Mount Road (Chennai) is presented in the table alongside.

Use of CUB Bank MICR code for Mount Road (Chennai) branch in chennai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mount Road (Chennai) 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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