City Union Bank Erode Erode Tamil Nadu MICR CODE

Find MICR Codes for City Union Bank Erode Erode Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	638054002
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	Erode
Contact	Mr. Vijayanarasimhan - (044) 28297293,28297208
Bank Details	City Union Bank Ltd Erode CIUB0000059

Location	Erode, Erode
City	Erode
District	Erode
State	Tamil Nadu
Pincode	638001
Country	IN
Address	907, brough road

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 638054002 for Erode 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 638054002 of CUB Bank, Erode branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Erode branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of City Union Bank Ltd are available with micr code -

>>Chennimalai >>Erode >>Modakurichi >>Moolapalayam >>Nambiyur >>Pallipalayam >>Punjai Puliyampatti >>Sivagiri >>Thindal >>Tiruppur Dharapuram Road >>Uthukuli >>Veerappanchatiram

MICR code for City Union Bank Erode

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 Erode 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. 638054002 is the MICR code of City Union Bank for Erode branch. MICR code for Erode 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 Erode is presented in the table alongside.

Use of CUB Bank MICR code for Erode branch in erode

The MICR code 638054002 is used in RBI cheque clearing process to identify the branch Erode 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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