Parsik Janata Sahakari Bank Khopoli Raigad Maharashtra MICR CODE

Find MICR Codes for Parsik Janata Sahakari Bank Khopoli Raigad 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 Khopoli
Contact 25456500
Bank Details Parsik Janata Sahakari Bank Ltd Khopoli PJSB0000078
Location Khopoli, Raigad
City Khopoli
District Raigad
State Maharashtra
Pincode 410203
Country IN
Address Shop no. 3 grnd frl, jagannath complex, survey no.3878 p, cts no. 3879, 3880, house no. 64,65, bhanvaj village, khopoli, tal. Khalapur, dist. Raigad - 410203
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 410312101 for Khopoli 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 410312101 of Parsik Janata Bank, Khopoli branch makes the system almost error free and faster. Use of Parsik Janata Bank MICR codes for Khopoli 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 -

>>Khopoli

MICR code for Parsik Janata Sahakari Bank Khopoli

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 Khopoli 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. 410312101 is the MICR code of Parsik Bank for Khopoli branch. MICR code for Khopoli 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 Khopoli is presented in the table alongside.

Use of Parsik Janata Bank MICR code for Khopoli branch in khopoli

The MICR code 410312101 is used in RBI cheque clearing process to identify the branch Khopoli 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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