City Union Bank Visakhapatnam Visakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for City Union Bank Visakhapatnam Visakhapatnam Andhra 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 Nad Junction
Contact 0-7708107321
Bank Details City Union Bank Ltd Nad Junction CIUB0000728
Location Visakhapatnam, Visakhapatnam
City Visakhapatnam
District Visakhapatnam
State Andhra Pradesh
Pincode 530009
Country IN
Address D.no 58-1-433/1/3,shanthi nagar,nad kotha road,visakhapatnam,andhra pradesh.pin code 530009
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 Nad Junction 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, Nad Junction branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Nad Junction branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of City Union Bank Ltd are available with micr code -

>>Gajuwaka >>Nad Junction

MICR code for City Union Bank Nad Junction

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 Nad Junction 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 Nad Junction branch. MICR code for Nad Junction 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 Nad Junction is presented in the table alongside.

Use of CUB Bank MICR code for Nad Junction branch in visakhapatnam

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