MICR Code Bank
Find MICR code for City Union Bank branches in India for NEFT and RTGS transfer

City Union Bank MICR CODE

Find MICR Codes for City Union Bank

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  1. City Union Bank Ltd »
  2. Madhya Pradesh »
  3. indore »
  4. indore »
  5. indore

Find MICR Codes for City Union Bank

MICR Code: 452054002
Bank: City Union Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Indore
Contact: Mr. Vijayanarasimhan - (044) 28297293,28297208
Bank Details: City Union Bank Ltd Indore CIUB0000220
Location: Indore, Indore
City: Indore
District: Indore
State: Madhya Pradesh
Pincode: 452001
Country: IN
Address: 6/1,the magnate,new palasia,cure well hospital road,indore-452001

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

A total of 2 branches of City Union Bank Ltd are available with micr code

>>Indore >>Itwariya Bazaar Rajwada

MICR code for City Union Bank

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

Use of CUB Bank MICR code for branch in indore

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