City Union Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for City Union Bank Bangalore Bangalore Urban Karnataka

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MICR Code
Bank City Union Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sultanpet (Bangalore)
Contact Mr. Vijayanarasimhan - (044) 28297293,28297208
Bank Details City Union Bank Ltd Sultanpet (Bangalore) CIUB0000054
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560052
Country IN
Address 231 - 236 sreenath buildings sultanpet circle, p b no. 7162
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 Sultanpet (Bangalore) 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, Sultanpet (Bangalore) branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Sultanpet (Bangalore) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of City Union Bank Ltd are available with micr code -

>>Banaswadi >>Bhanashankari >>Indira Nagar (Bangalore) >>Koramangala (Bangalore) >>Malleswaram (Bangalore) >>Sultanpet (Bangalore)

MICR code for City Union Bank Sultanpet (Bangalore)

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 Sultanpet (Bangalore) 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 Sultanpet (Bangalore) branch. MICR code for Sultanpet (Bangalore) 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 Sultanpet (Bangalore) is presented in the table alongside.

Use of CUB Bank MICR code for Sultanpet (Bangalore) branch in bangalore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sultanpet (Bangalore) 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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