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Parsik Janata Sahakari Bank Navi Mumbai New Mumbai Maharashtra MICR CODE

Find MICR Codes for Parsik Janata Sahakari Bank Navi Mumbai New Mumbai Maharashtra

MICR Code
Bank Parsik Janata Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kalamboli
Contact 25456500
Bank Details Parsik Janata Sahakari Bank Ltd Kalamboli PJSB0000067
Location Navi Mumbai, New Mumbai
City Navi Mumbai
District New Mumbai
State Maharashtra
Pincode 410218
Country IN
Address Shop no 13 14 grd flr matruchaya heritage chs ltd plt no 21 sec 11 kalamboli navi mumbai 410218
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 400312060 for Kalamboli 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 400312060 of Parsik Janata Bank, Kalamboli branch makes the system almost error free and faster. Use of Parsik Janata Bank MICR codes for Kalamboli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Parsik Janata Sahakari Bank Ltd are available with micr code -

>>Kalamboli

MICR code for Parsik Janata Sahakari Bank Kalamboli

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 Kalamboli 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. 400312060 is the MICR code of Parsik Bank for Kalamboli branch. MICR code for Kalamboli 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 Kalamboli is presented in the table alongside.

Use of Parsik Janata Bank MICR code for Kalamboli branch in navi mumbai

The MICR code 400312060 is used in RBI cheque clearing process to identify the branch Kalamboli 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.