Prime Co-Op Bank Surat Surat Gujarat MICR CODE

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

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	-NA-
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	Pal
Contact	261-4375417
Bank Details	Prime Co-Operative Bank Ltd Pal PMEC0104545

Location	Surat, Surat
City	Surat
District	Surat
State	Gujarat
Pincode	395009
Country	IN
Address	White pearl pal surat 395009

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 0 for Pal 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 0 of Prime Bank, Pal branch makes the system almost error free and faster. Use of Prime Bank MICR codes for Pal 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 Pal

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 Pal 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. 0 is the MICR code of Prime Bank India for Pal branch. MICR code for Pal 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 Pal is presented in the table alongside.

Use of Prime Bank MICR code for Pal branch in surat

The MICR code 0 is used in RBI cheque clearing process to identify the branch Pal 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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