Prime Co-Op Bank Padra Vadodara Gujarat MICR CODE

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

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MICR Code	390250006
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	Padra Br
Contact	02662-224222
Bank Details	Prime Co-Operative Bank Ltd Padra Br PMEC0103229

Location	Padra, Vadodara
City	Padra
District	Vadodara
State	Gujarat
Pincode	391440
Country	IN
Address	1st floor, khambahti na meda upar, amba mata road, nr ghandhi chowk, padara, dist vadodara - 391440

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 390250006 for Padra 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 390250006 of Prime Bank, Padra Br branch makes the system almost error free and faster. Use of Prime Bank MICR codes for Padra 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 -

>>Padra Br

MICR code for Prime Co-Op Bank Padra 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 Padra 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. 390250006 is the MICR code of Prime Bank India for Padra Br branch. MICR code for Padra 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 Padra Br is presented in the table alongside.

Use of Prime Bank MICR code for Padra Br branch in padra

The MICR code 390250006 is used in RBI cheque clearing process to identify the branch Padra 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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