Let Others Know
×
LinkedIn
Email
WhatsApp

Prime Co-Op Bank Surat Surat Gujarat MICR CODE

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

MICR Code
Bank Prime Co-Operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Head Office
Contact 0
Bank Details Prime Co-Operative Bank Ltd Head Office PMEC0NEFTSC
Location Surat, Surat
City Surat
District Surat
State Gujarat
Pincode 395001
Country IN
Address 3rd floor tapi vila apartment 34 vijay nagar society gate no 3 near majura gate surat 395001
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 Head Office 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, Head Office branch makes the system almost error free and faster. Use of Prime Bank MICR codes for Head Office 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 Head Office

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 Head Office 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 Head Office branch. MICR code for Head Office 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 Head Office is presented in the table alongside.

Use of Prime Bank MICR code for Head Office branch in surat

The MICR code 0 is used in RBI cheque clearing process to identify the branch Head Office 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.