City Union Bank Coimbatore Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for City Union Bank Coimbatore Coimbatore Tamil Nadu

↻ Reload
MICR Code
Bank City Union Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tvs Nagar Coimbatore
Contact 7810954962
Bank Details City Union Bank Ltd Tvs Nagar Coimbatore CIUB0000541
Location Coimbatore, Coimbatore
City Coimbatore
District Coimbatore
State Tamil Nadu
Pincode 641025
Country IN
Address 400/2,3, thadagam main road, tvs nagar, coimbatore 641025
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 Tvs Nagar Coimbatore 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, Tvs Nagar Coimbatore branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Tvs Nagar Coimbatore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for City Union Bank Tvs Nagar Coimbatore

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 Tvs Nagar Coimbatore 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 Tvs Nagar Coimbatore branch. MICR code for Tvs Nagar Coimbatore 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 Tvs Nagar Coimbatore is presented in the table alongside.

Use of CUB Bank MICR code for Tvs Nagar Coimbatore branch in coimbatore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Tvs Nagar Coimbatore 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.

Copied!