Parsik Janata Sahakari Bank Bhiwandi Thane Maharashtra MICR CODE

Find MICR Codes for Parsik Janata Sahakari Bank Bhiwandi Thane Maharashtra

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MICR Code
Bank Parsik Janata Sahakari Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhiwandi Extension Counter
Contact 952522-274050
Bank Details Parsik Janata Sahakari Bank Ltd Bhiwandi Extension Counter PJSB0000022
Location Bhiwandi, Thane
City Bhiwandi
District Thane
State Maharashtra
Pincode 421302
Country IN
Address Bhiwandi extension counter, shetkari unnati mandal, parshuram dhondu taware vidyalay, at.post.kalher tal.bhiwandi, dist-thane. Pin-421 302.
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 400312022 for Bhiwandi Extension Counter 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 400312022 of Parsik Janata Bank, Bhiwandi Extension Counter branch makes the system almost error free and faster. Use of Parsik Janata Bank MICR codes for Bhiwandi Extension Counter branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Parsik Janata Sahakari Bank Ltd are available with micr code -

>>Bhiwandi Branch >>Bhiwandi Extension Counter >>Kon >>Padagha Branch

MICR code for Parsik Janata Sahakari Bank Bhiwandi Extension Counter

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 Bhiwandi Extension Counter 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. 400312022 is the MICR code of Parsik Bank for Bhiwandi Extension Counter branch. MICR code for Bhiwandi Extension Counter 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 Bhiwandi Extension Counter is presented in the table alongside.

Use of Parsik Janata Bank MICR code for Bhiwandi Extension Counter branch in bhiwandi

The MICR code 400312022 is used in RBI cheque clearing process to identify the branch Bhiwandi Extension Counter 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.

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