City Union Bank Pali Pali Rajasthan MICR CODE

Find MICR Codes for City Union Bank Pali Pali Rajasthan

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MICR Code
Bank City Union Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pali
Contact 9352034953
Bank Details City Union Bank Ltd Pali CIUB0000387
Location Pali, Pali
City Pali
District Pali
State Rajasthan
Pincode 306401
Country IN
Address Ground floor, part of plot 3 to 4, panch mukha pulia nh 65, railway station road, pali 306 401 rajasthan state.
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 Pali 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, Pali branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Pali 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 -

>>Pali

MICR code for City Union Bank Pali

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 Pali 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 Pali branch. MICR code for Pali 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 Pali is presented in the table alongside.

Use of CUB Bank MICR code for Pali branch in pali

The MICR code 0 is used in RBI cheque clearing process to identify the branch Pali 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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