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Parsik Janata Sahakari Bank Nashik Nashik Maharashtra MICR CODE

Find MICR Codes for Parsik Janata Sahakari Bank Nashik Nashik Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Parsik Janata Sahakari Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nashik Branch
Contact	0253-2232345
Bank Details	Parsik Janata Sahakari Bank Ltd Nashik Branch PJSB0000055

Location	Nashik, Nashik
City	Nashik
District	Nashik
State	Maharashtra
Pincode	422005
Country	IN
Address	6 /a rushiraj regency, near vidya vikas hospital circle, gangapur road, nashik 422005

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 0 for Nashik Branch 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 0 of Parsik Janata Bank, Nashik Branch branch makes the system almost error free and faster. Use of Parsik Janata Bank MICR codes for Nashik Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Parsik Janata Sahakari Bank Ltd are available with micr code -

>>Nashik Branch >>Panchvati

MICR code for Parsik Janata Sahakari Bank Nashik Branch

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 Nashik Branch 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. 0 is the MICR code of Parsik Bank for Nashik Branch branch. MICR code for Nashik Branch 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 Nashik Branch is presented in the table alongside.

Use of Parsik Janata Bank MICR code for Nashik Branch branch in nashik

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nashik Branch 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.