City Union Bank Mumbai Kandivali East Maharashtra Maharashtra MICR CODE

Find MICR Codes for City Union Bank Mumbai Kandivali East Maharashtra Maharashtra

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MICR Code
Bank City Union Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mumbai Kandivali East
Contact 22-8925805935
Bank Details City Union Bank Ltd Mumbai Kandivali East CIUB0000924
Location Mumbai Kandivali East, Maharashtra
City Mumbai Kandivali East
District Maharashtra
State Maharashtra
Pincode 400101
Country IN
Address No 01 to 05, rohan arcade,dattani park road,thakur village,kandivali east,mumbai
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 Mumbai Kandivali East 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, Mumbai Kandivali East branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Mumbai Kandivali East branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of City Union Bank Ltd are available with micr code -

>>Mumbai Kandivali East

MICR code for City Union Bank Mumbai Kandivali East

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 Mumbai Kandivali East 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 Mumbai Kandivali East branch. MICR code for Mumbai Kandivali East 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 Mumbai Kandivali East is presented in the table alongside.

Use of CUB Bank MICR code for Mumbai Kandivali East branch in mumbai kandivali east

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mumbai Kandivali East 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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