City Union Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for City Union Bank Bangalore Bangalore Urban Karnataka

MICR Code
Bank City Union Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Indira Nagar (Bangalore)
Contact Mr. Vijayanarasimhan - (044) 28297293,28297208
Bank Details City Union Bank Ltd Indira Nagar (Bangalore) CIUB0000139
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560038
Country IN
Address 194, 1st floor, 7th cross, 1st stage,indira nagar
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 Indira Nagar (Bangalore) 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, Indira Nagar (Bangalore) branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Indira Nagar (Bangalore) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of City Union Bank Ltd are available with micr code -

>>Banaswadi >>Bhanashankari >>Indira Nagar (Bangalore) >>Koramangala (Bangalore) >>Malleswaram (Bangalore) >>Sultanpet (Bangalore)

MICR code for City Union Bank Indira Nagar (Bangalore)

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 Indira Nagar (Bangalore) 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 Indira Nagar (Bangalore) branch. MICR code for Indira Nagar (Bangalore) 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 Indira Nagar (Bangalore) is presented in the table alongside.

Use of CUB Bank MICR code for Indira Nagar (Bangalore) branch in bangalore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Indira Nagar (Bangalore) 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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