City Union Bank Tirupur Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for City Union Bank Tirupur Coimbatore Tamil Nadu

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MICR Code
Bank City Union Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nallur
Contact 9360133188
Bank Details City Union Bank Ltd Nallur CIUB0000523
Location Tirupur, Coimbatore
City Tirupur
District Coimbatore
State Tamil Nadu
Pincode 642107
Country IN
Address Jvp complex,ground floor,no 254/2a,nalligounder nagar,kangeyam main road,vijayapuram post,nallur,tirupur-641606
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 Nallur 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, Nallur branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Nallur 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 -

>>Kodangipalayam >>Nallur

MICR code for City Union Bank Nallur

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

Use of CUB Bank MICR code for Nallur branch in tirupur

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