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Parsik Janata Sahakari Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Parsik Janata Sahakari Bank Pune Pune Maharashtra

MICR Code
Bank Parsik Janata Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chakan
Contact 25456500
Bank Details Parsik Janata Sahakari Bank Ltd Chakan PJSB0000076
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 410501
Country IN
Address Shop no. 2,5,5a,6,6a grnd flr, kohinoor centre no. 4, gate no. 1281 plot no. 1, shivaji chowk, nashik rd, chankan tan, khed dist pune 410501
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 411312006 for Chakan 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 411312006 of Parsik Janata Bank, Chakan branch makes the system almost error free and faster. Use of Parsik Janata Bank MICR codes for Chakan branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Parsik Janata Sahakari Bank Ltd are available with micr code -

>>Bhavani Peth >>Chakan >>Pimpari Chinchwad >>Pune Branch >>Talegaon

MICR code for Parsik Janata Sahakari Bank Chakan

Parsik Janata Sahakari Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Parsik Janata Bank MICR code for Chakan 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. 411312006 is the MICR code of Parsik Bank for Chakan branch. MICR code for Chakan 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 Parsik Janata Bank Chakan is presented in the table alongside.

Use of Parsik Janata Bank MICR code for Chakan branch in pune

The MICR code 411312006 is used in RBI cheque clearing process to identify the branch Chakan and Parsik Janata 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 Parsik Bank is typically in either of these two font’s: E-138 and CMC-7.