Prime Co-Op Bank Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for Prime Co-Op Bank Ahmedabad Ahmedabad 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 Maninagar Br
Contact 079-25462414
Bank Details Prime Co-Operative Bank Ltd Maninagar Br PMEC0103128
Location Ahmedabad, Ahmedabad
City Ahmedabad
District Ahmedabad
State Gujarat
Pincode 380008
Country IN
Address Ravish complex, above sales india, mani nagar charrasta, ahemdabad, dist ahemdabad 380008
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 380250002 for Maninagar 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 380250002 of Prime Bank, Maninagar Br branch makes the system almost error free and faster. Use of Prime Bank MICR codes for Maninagar Br branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Prime Co-Operative Bank Ltd are available with micr code -

>>Maninagar Br >>Shri Vinayak Sahalari Bank Ltd

MICR code for Prime Co-Op Bank Maninagar 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 Maninagar 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. 380250002 is the MICR code of Prime Bank India for Maninagar Br branch. MICR code for Maninagar 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 Maninagar Br is presented in the table alongside.

Use of Prime Bank MICR code for Maninagar Br branch in ahmedabad

The MICR code 380250002 is used in RBI cheque clearing process to identify the branch Maninagar 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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