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City Union Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for City Union Bank Chennai Chennai Tamil Nadu

MICR Code
Bank City Union Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch George Town (Chennai)
Contact Mr. Vijayanarasimhan - (044) 28297293,28297208
Bank Details City Union Bank Ltd George Town (Chennai) CIUB0000043
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600001
Country IN
Address 50 armenian street,oppo catholic centre)
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 George Town (Chennai) 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, George Town (Chennai) branch makes the system almost error free and faster. Use of CUB Bank MICR codes for George Town (Chennai) branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for City Union Bank George Town (Chennai)

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 George Town (Chennai) 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 George Town (Chennai) branch. MICR code for George Town (Chennai) 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 George Town (Chennai) is presented in the table alongside.

Use of CUB Bank MICR code for George Town (Chennai) branch in chennai

The MICR code 0 is used in RBI cheque clearing process to identify the branch George Town (Chennai) 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.