City Union Bank Tiruppur Tiruppur Tamil Nadu MICR CODE

Find MICR Codes for City Union Bank Tiruppur Tiruppur 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 Velampalayam
Contact 9384811334
Bank Details City Union Bank Ltd Velampalayam CIUB0000607
Location Tiruppur, Tiruppur
City Tiruppur
District Tiruppur
State Tamil Nadu
Pincode
Country IN
Address 14(3), kaliamman temple street, opp to govt middle school,15 velampalayam, tiruppur
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 Velampalayam 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, Velampalayam branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Velampalayam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of City Union Bank Ltd are available with micr code -

>>Madathukulam >>Mangalam >>Tiruppur Pn Road >>Velampalayam

MICR code for City Union Bank Velampalayam

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

Use of CUB Bank MICR code for Velampalayam branch in tiruppur

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