City Union Bank Erode Kodumudi Tamil Nadu MICR CODE

Find MICR Codes for City Union Bank Erode Kodumudi 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 Avudayarparai
Contact 424-8925805383
Bank Details City Union Bank Ltd Avudayarparai CIUB0000953
Location Erode, Kodumudi
City Erode
District Kodumudi
State Tamil Nadu
Pincode 638151
Country IN
Address S. No. 74/3,vengamedu, erode karur highway, aavudayarparai,kodumudi taluk,erode
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 Avudayarparai 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, Avudayarparai branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Avudayarparai branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Avudayarparai

MICR code for City Union Bank Avudayarparai

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

Use of CUB Bank MICR code for Avudayarparai branch in erode

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