Prime Co-Op Bank Nadiad Kheda Gujarat MICR CODE

Find MICR Codes for Prime Co-Op Bank Nadiad Kheda Gujarat

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MICR Code	387250001
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	Nadiad Br
Contact	0268-2551962
Bank Details	Prime Co-Operative Bank Ltd Nadiad Br PMEC0102323

Location	Nadiad, Kheda
City	Nadiad
District	Kheda
State	Gujarat
Pincode	387001
Country	IN
Address	1st floor, akshar motel building , opp s t depot, santram road, nadiad, dist kheda

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 387250001 for Nadiad 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 387250001 of Prime Bank, Nadiad Br branch makes the system almost error free and faster. Use of Prime Bank MICR codes for Nadiad Br branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Prime Co-Operative Bank Ltd are available with micr code -

>>Nadiad Br

MICR code for Prime Co-Op Bank Nadiad 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 Nadiad 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. 387250001 is the MICR code of Prime Bank India for Nadiad Br branch. MICR code for Nadiad 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 Nadiad Br is presented in the table alongside.

Use of Prime Bank MICR code for Nadiad Br branch in nadiad

The MICR code 387250001 is used in RBI cheque clearing process to identify the branch Nadiad 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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