Prime Co-Op Bank Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for Prime Co-Op Bank Vadodara Vadodara Gujarat

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MICR Code
Bank Prime Co-Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karelibaug Br
Contact 0265-2461320
Bank Details Prime Co-Operative Bank Ltd Karelibaug Br PMEC0101919
Location Vadodara, Vadodara
City Vadodara
District Vadodara
State Gujarat
Pincode 390018
Country IN
Address Chitra complex, muktanand nagar road, kareli baugh, vadodara
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 390250003 for Karelibaug Br 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 390250003 of Prime Bank, Karelibaug Br branch makes the system almost error free and faster. Use of Prime Bank MICR codes for Karelibaug Br branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Prime Co-Operative Bank Ltd are available with micr code -

>>Bajwa Br >>Dandiya Bazar Br >>Hathikhana >>Karelibaug Br >>Sayajigunj Br

MICR code for Prime Co-Op Bank Karelibaug Br

Prime Co-Op Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Prime Bank MICR code for Karelibaug Br 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. 390250003 is the MICR code of Prime Bank India for Karelibaug Br branch. MICR code for Karelibaug Br 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 Prime Bank Karelibaug Br is presented in the table alongside.

Use of Prime Bank MICR code for Karelibaug Br branch in vadodara

The MICR code 390250003 is used in RBI cheque clearing process to identify the branch Karelibaug Br and Prime 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 Prime Bank India is typically in either of these two font’s: E-138 and CMC-7.

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