MICR Code Of The Banaskantha Mercantile Cooperative Bank Ltd Dhundhiyawadi, Palanpur, Gujarat

MICR CODE 385802004
Bank The Banaskantha Mercantile Cooperative Bank Ltd
Branch Dhundhiyawadi
IFSC Code IFSC Code The Banaskantha Mercantile Cooperative Bank Ltd
Address 1st Floor,rachana Building,opp.jilla Panchayat,palanpur-385001 Dist,banaskantha,gujarat
City Palanpur
State Gujarat

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What is a MICR Code?

Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).