Prime Co-Op Bank Surat Surat Gujarat MICR CODE

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

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MICR Code	395250005
Bank	Prime Co-Operative Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Lalgate Br
Contact	0261-2414836
Bank Details	Prime Co-Operative Bank Ltd Lalgate Br PMEC0100405

Location	Surat, Surat
City	Surat
District	Surat
State	Gujarat
Pincode	395003
Country	IN
Address	Keshav chamber, m g road surat

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 395250005 for Lalgate 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 395250005 of Prime Bank, Lalgate Br branch makes the system almost error free and faster. Use of Prime Bank MICR codes for Lalgate Br branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of Prime Co-Operative Bank Ltd are available with micr code -

>>Amroli >>Bhatar Br >>Bhulka Bhavan Br >>City Light Br >>Control Centre Rtgs Dept >>Head Office >>Katargam Br >>Lalgate Br >>Main Br >>Pal >>Palanpur Br >>Salabatpura >>Sardar Market Br >>Udhana >>Udhana Pandesara Br >>Ved Road Branch >>Vesu

MICR code for Prime Co-Op Bank Lalgate 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 Lalgate 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. 395250005 is the MICR code of Prime Bank India for Lalgate Br branch. MICR code for Lalgate 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 Lalgate Br is presented in the table alongside.

Use of Prime Bank MICR code for Lalgate Br branch in surat

The MICR code 395250005 is used in RBI cheque clearing process to identify the branch Lalgate 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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