Prime Co-Op Bank Vadodara Vadodara Gujarat MICR CODE

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

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MICR Code	390250004
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	Sayajigunj Br
Contact	0265-2225278
Bank Details	Prime Co-Operative Bank Ltd Sayajigunj Br PMEC0102121

Location	Vadodara, Vadodara
City	Vadodara
District	Vadodara
State	Gujarat
Pincode	390020
Country	IN
Address	Silver lines, apts, opp bbc tower, sayajigunj, vadodara

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 390250004 for Sayajigunj 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 390250004 of Prime Bank, Sayajigunj Br branch makes the system almost error free and faster. Use of Prime Bank MICR codes for Sayajigunj Br branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Prime Co-Operative Bank Ltd are available with micr code -

>>Bajwa Br >>Dandiya Bazar Br >>Hathikhana >>Karelibaug Br >>Sayajigunj Br

MICR code for Prime Co-Op Bank Sayajigunj 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 Sayajigunj 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. 390250004 is the MICR code of Prime Bank India for Sayajigunj Br branch. MICR code for Sayajigunj 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 Sayajigunj Br is presented in the table alongside.

Use of Prime Bank MICR code for Sayajigunj Br branch in vadodara

The MICR code 390250004 is used in RBI cheque clearing process to identify the branch Sayajigunj 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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