MICR Code: 383250111
| Bank: Prime Co-Operative Bank Ltd |
| IFSC Code: Pmec0103633 |
| MICR Code: 383250111 |
| Address: Near Old Bus Stand Bayad |
| City: Sabar Kantha |
| District: Bayad |
| 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 383250111.
- In this case first three codes 383 is city code and it represents city Sabar Kantha.
- Next three characters 250 represents bank Prime Co-Operative Bank Ltd.
- Remaining characters which are 111 represents branch. In our case branch is located at address Near Old Bus Stand Bayad.
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.