MICR Code: 380124258
| Bank: Prime Co-Operative Bank Ltd |
| IFSC Code: Pmec0usvsbl |
| MICR Code: 380124258 |
| Address: 406/6 Mangaldas House Chokha Bazar Opp Kabutar Khana Kalupur Ahmedabad |
| City: Ahmedabad |
| District: Ahmedabad |
| State: Gujarat |
MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.
Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.
Let's decode MICR code 380124258.
- In this case first three codes 380 is city code and it represents city Ahmedabad.
- Next three characters 124 represents bank Prime Co-Operative Bank Ltd.
- Remaining characters which are 258 represents branch. In our case branch is located at address 406/6 Mangaldas House Chokha Bazar Opp Kabutar Khana Kalupur Ahmedabad.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.