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Parsik Janata Sahakari Bank Panvel Raigad Maharashtra MICR CODE

Find MICR Codes for Parsik Janata Sahakari Bank Panvel Raigad Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	400312061
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	Taloja
Contact	25456500
Bank Details	Parsik Janata Sahakari Bank Ltd Taloja PJSB0000068

Location	Panvel, Raigad
City	Panvel
District	Raigad
State	Maharashtra
Pincode	410208
Country	IN
Address	Shop no 1 2 3 grd flr shree samarth bldg plt no 34 sec 11 panchnand taloja tal panvel navi mumabi 410208

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 400312061 for Taloja 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 400312061 of Parsik Janata Bank, Taloja branch makes the system almost error free and faster. Use of Parsik Janata Bank MICR codes for Taloja branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Parsik Janata Sahakari Bank Ltd are available with micr code -

>>Nere >>New Panvel >>Taloja

MICR code for Parsik Janata Sahakari Bank Taloja

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 Taloja 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. 400312061 is the MICR code of Parsik Bank for Taloja branch. MICR code for Taloja 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 Taloja is presented in the table alongside.

Use of Parsik Janata Bank MICR code for Taloja branch in panvel

The MICR code 400312061 is used in RBI cheque clearing process to identify the branch Taloja 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.