City Union Bank Dharmapuri Dharmapuri Tamil Nadu MICR CODE

Find MICR Codes for City Union Bank Dharmapuri Dharmapuri Tamil Nadu

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MICR Code
Bank City Union Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Paruvathanahalli
Contact 4348-8925989872
Bank Details City Union Bank Ltd Paruvathanahalli CIUB0000872
Location Dharmapuri, Dharmapuri
City Dharmapuri
District Dharmapuri
State Tamil Nadu
Pincode 636810
Country IN
Address Aasai towers, door no. 4/664, bdo office bus stop, paruvathanahalli - 636 810
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 Paruvathanahalli 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, Paruvathanahalli branch makes the system almost error free and faster. Use of CUB Bank MICR codes for Paruvathanahalli 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 -

>>Dharmapuri >>Paruvathanahalli

MICR code for City Union Bank Paruvathanahalli

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

Use of CUB Bank MICR code for Paruvathanahalli branch in dharmapuri

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