City Union Bank Shimoga Shimoga Karnataka MICR CODE

Find MICR Codes for City Union Bank Shimoga Shimoga Karnataka

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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	Shimoga
Contact	7397483523
Bank Details	City Union Bank Ltd Shimoga CIUB0000587

Location	Shimoga, Shimoga
City	Shimoga
District	Shimoga
State	Karnataka
Pincode
Country	IN
Address	Ayya arcade,bh road,shimoga

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 Shimoga 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, Shimoga branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Shimoga 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 -

>>Shimoga

MICR code for City Union Bank Shimoga

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

Use of CUB Bank MICR code for Shimoga branch in shimoga

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