Parsik Janata Sahakari Bank New Mumbai Thane Maharashtra MICR CODE

Find MICR Codes for Parsik Janata Sahakari Bank New Mumbai Thane Maharashtra

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MICR Code	400312005
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	Koparkhairne Branch
Contact	27541916
Bank Details	Parsik Janata Sahakari Bank Ltd Koparkhairne Branch PJSB0000005

Location	New Mumbai, Thane
City	New Mumbai
District	Thane
State	Maharashtra
Pincode	400709
Country	IN
Address	Koparkhairne branch, plot no. 80, sector no. 5, koparkhairne - 400 709.

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 400312005 for Koparkhairne 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 400312005 of Parsik Janata Bank, Koparkhairne Branch branch makes the system almost error free and faster. Use of Parsik Janata Bank MICR codes for Koparkhairne Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Parsik Janata Sahakari Bank Ltd are available with micr code -

>>A.P.M.C. Market Branch >>Airoli Sector 1 Branch >>Airoli Sector 5 Branch >>Belapur Branch >>Koparkhairne Branch >>Koparkhairne Ext. Counter >>Nerul Nagar Branch >>Nerul Phase Ii Branch >>Sanpada Branch

MICR code for Parsik Janata Sahakari Bank Koparkhairne 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 Koparkhairne 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. 400312005 is the MICR code of Parsik Bank for Koparkhairne Branch branch. MICR code for Koparkhairne 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 Koparkhairne Branch is presented in the table alongside.

Use of Parsik Janata Bank MICR code for Koparkhairne Branch branch in new mumbai

The MICR code 400312005 is used in RBI cheque clearing process to identify the branch Koparkhairne 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.

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