Prathama Bank Fatehpur Madala Moradabad Uttar Pradesh MICR CODE

Find MICR Codes for Prathama Bank Fatehpur Madala 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 Madala Fatehpur
Contact
Bank Details Prathama Bank Madala Fatehpur PRTH0016123
Location Fatehpur Madala, Moradabad
City Fatehpur Madala
District Moradabad
State Uttar Pradesh
Pincode 244001
Country IN
Address P.o. Asmoli teh. Sambhal 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 0 for Madala Fatehpur 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 Prathama Bank, Madala Fatehpur branch makes the system almost error free and faster. Use of Prathama Bank MICR codes for Madala Fatehpur 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 -

>>Madala Fatehpur

MICR code for Prathama Bank Madala Fatehpur

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 Madala Fatehpur 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 Prathama Bank for Madala Fatehpur branch. MICR code for Madala Fatehpur 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 Madala Fatehpur is presented in the table alongside.

Use of Prathama Bank MICR code for Madala Fatehpur branch in fatehpur madala

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