| MICR CODE | 385802002 |
|---|---|
| Bank | The Banaskantha Mercantile Cooperative Bank Ltd |
| Branch | New Gunj |
| IFSC Code | IFSC Code The Banaskantha Mercantile Cooperative Bank Ltd |
| Address | Opp.gunj Bazar Bhojanalay,inside Gunj Bazar,new Gunj,palanpur-385001 Dist,banaskantha,gujarat |
| City | Palanpur |
| State | Gujarat |
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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).