City Union Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for City Union Bank Mumbai Mumbai Maharashtra

MICR Code
Bank City Union Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khar West (Mumbai)
Contact Mr. Vijayanarasimhan - (044) 28297293,28297208
Bank Details City Union Bank Ltd Khar West (Mumbai) CIUB0000084
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400052
Country IN
Address 1st floor jains arcade 402, 14th road - junction khar west
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 Khar West (Mumbai) 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, Khar West (Mumbai) branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Khar West (Mumbai) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of City Union Bank Ltd are available with micr code -

>>Fort (Mumbai) >>Khar West (Mumbai) >>Vashi (Mumbai)

MICR code for City Union Bank Khar West (Mumbai)

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 Khar West (Mumbai) 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 Khar West (Mumbai) branch. MICR code for Khar West (Mumbai) 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 Khar West (Mumbai) is presented in the table alongside.

Use of CUB Bank MICR code for Khar West (Mumbai) branch in mumbai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Khar West (Mumbai) 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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