Prathama Bank Bilari Moradabad Uttar Pradesh MICR CODE

Find MICR Codes for Prathama Bank Bilari 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 Ratanpur
Contact 7055715352
Bank Details Prathama Bank Ratanpur PRTH0016352
Location Bilari, Moradabad
City Bilari
District Moradabad
State Uttar Pradesh
Pincode 244411
Country IN
Address Ratanpur village po baheta khas tehsil bilari distt mbd
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 Ratanpur 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, Ratanpur branch makes the system almost error free and faster. Use of Prathama Bank MICR codes for Ratanpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Prathama Bank are available with micr code -

>>Bicheta Kaji >>Billari >>Govindpur >>Ratanpur >>Sataran >>Thamwala

MICR code for Prathama Bank Ratanpur

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

Use of Prathama Bank MICR code for Ratanpur branch in bilari

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