Prathama Bank Shahbad Rampur Uttar Pradesh MICR CODE

Find MICR Codes for Prathama Bank Shahbad Rampur Uttar Pradesh

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MICR Code
Bank Prathama Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Matwali
Contact 7055715351
Bank Details Prathama Bank Matwali PRTH0022351
Location Shahbad, Rampur
City Shahbad
District Rampur
State Uttar Pradesh
Pincode 244901
Country IN
Address Vill matwali po kira tehsil shahbad distt rampur
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 Matwali 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, Matwali branch makes the system almost error free and faster. Use of Prathama Bank MICR codes for Matwali 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 -

>>Matwali

MICR code for Prathama Bank Matwali

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

Use of Prathama Bank MICR code for Matwali branch in shahbad

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