City Union Bank Velacherry Chennai Tamil Nadu MICR CODE

Find MICR Codes for City Union Bank Velacherry Chennai 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 Velacherry
Contact
Bank Details City Union Bank Ltd Velacherry CIUB0000262
Location Velacherry, Chennai
City Velacherry
District Chennai
State Tamil Nadu
Pincode 600042
Country IN
Address No.1, orandiamman koil street,velacherry,chennai – 600 042.
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.

Search City Union Bank MICR Codes in chennai

You can search through MICR Codes of Tamil Nadu branches in velacherry of District chennai in Tamil Nadu State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of City Union Bank Ltd are available with micr code -

>>Velacherry

How to find MICR codes for City Union Bank in velacherry?

City Union Bank velacherry MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From CUB Bank MICR codes list for velacherry, one can further search by branch name specified in the table. You can find MICR codes for all City Union Bank velacherry branches.

CUB Bank MICR code in velacherry

City Union Bank MICR code is a character recognition technology used by banks in the processing of cheques. CUB Bank MICR code for velacherry branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for City Union Bank branches in velacherry, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does City Union Bank MICR code for velacherry branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a City Union Bank velacherry branch, sprinted 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. Thus MICR code for CUB Bank velacherry branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of City Union Bank MICR codes for velacherry branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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