Prathama Bank Chandausi Moradabad Uttar Pradesh MICR CODE

Find MICR Codes for Prathama Bank Chandausi Moradabad Uttar Pradesh

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MICR Code
Bank Prathama Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chandausi
Contact
Bank Details Prathama Bank Chandausi PRTH0016083
Location Chandausi, Moradabad
City Chandausi
District Moradabad
State Uttar Pradesh
Pincode 202412
Country IN
Address P.o. & tehsil. Chandausi, distt. Moradabad
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 202843102 for Chandausi 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 202843102 of Prathama Bank, Chandausi branch makes the system almost error free and faster. Use of Prathama Bank MICR codes for Chandausi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Prathama Bank are available with micr code -

>>Chandausi

MICR code for Prathama Bank Chandausi

Prathama Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Prathama Bank MICR code for Chandausi 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. 202843102 is the MICR code of Prathama Bank for Chandausi branch. MICR code for Chandausi 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 Prathama Bank Chandausi is presented in the table alongside.

Use of Prathama Bank MICR code for Chandausi branch in chandausi

The MICR code 202843102 is used in RBI cheque clearing process to identify the branch Chandausi and Prathama 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 Prathama Bank is typically in either of these two font’s: E-138 and CMC-7.

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