City Union Bank Kalyan (West) Thane Maharashtra MICR CODE

Find MICR Codes for City Union Bank Kalyan (West) Thane Maharashtra

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MICR Code
Bank City Union Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mumbai Kalyan
Contact
Bank Details City Union Bank Ltd Mumbai Kalyan CIUB0000270
Location Kalyan (West), Thane
City Kalyan (West)
District Thane
State Maharashtra
Pincode 421304
Country IN
Address Ground floor 1-e, ramakrishna,nagar (near old poornima theatre),murbad road, kalyan west 421304,thane,maharastra
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 Mumbai Kalyan 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, Mumbai Kalyan branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Mumbai Kalyan 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 -

>>Mumbai Kalyan

MICR code for City Union Bank Mumbai Kalyan

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 Mumbai Kalyan 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 Mumbai Kalyan branch. MICR code for Mumbai Kalyan 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 Mumbai Kalyan is presented in the table alongside.

Use of CUB Bank MICR code for Mumbai Kalyan branch in kalyan (west)

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