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Parsik Janata Sahakari Bank Raigad Raigad Maharashtra MICR CODE

Find MICR Codes for Parsik Janata Sahakari Bank Raigad Raigad Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	400312501
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	Navade
Contact	25456500
Bank Details	Parsik Janata Sahakari Bank Ltd Navade PJSB0000045

Location	Raigad, Raigad
City	Raigad
District	Raigad
State	Maharashtra
Pincode
Country	IN
Address	Shop no. 1 & 2, devshrushti complex, navade phata, in fron of navade gram panchayat dist. Raigad

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 400312501 for Navade 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 400312501 of Parsik Janata Bank, Navade branch makes the system almost error free and faster. Use of Parsik Janata Bank MICR codes for Navade 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 -

>>Navade

MICR code for Parsik Janata Sahakari Bank Navade

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 Navade 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. 400312501 is the MICR code of Parsik Bank for Navade branch. MICR code for Navade 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 Navade is presented in the table alongside.

Use of Parsik Janata Bank MICR code for Navade branch in raigad

The MICR code 400312501 is used in RBI cheque clearing process to identify the branch Navade 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.