City Union Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for City Union Bank Chennai Chennai Tamil Nadu

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MICR Code	600054023
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	Valasarawalkam
Contact	Mr. Vijayanarasimhan - (044) 28297293,28297208
Bank Details	City Union Bank Ltd Valasarawalkam CIUB0000218

Location	Chennai, Chennai
City	Chennai
District	Chennai
State	Tamil Nadu
Pincode	600087
Country	IN
Address	No 1, thandavamoorthy nagar, valasarawalkam, chennai-600087

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 600054023 for Valasarawalkam 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 600054023 of CUB Bank, Valasarawalkam branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Valasarawalkam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 55 branches of City Union Bank Ltd are available with micr code -

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MICR code for City Union Bank Valasarawalkam

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 Valasarawalkam 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. 600054023 is the MICR code of City Union Bank for Valasarawalkam branch. MICR code for Valasarawalkam 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 Valasarawalkam is presented in the table alongside.

Use of CUB Bank MICR code for Valasarawalkam branch in chennai

The MICR code 600054023 is used in RBI cheque clearing process to identify the branch Valasarawalkam 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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