Parsik Janata Sahakari Bank Thane Thane Maharashtra MICR CODE

Find MICR Codes for Parsik Janata Sahakari Bank Thane 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 Majiwade Branch
Contact 25340359
Bank Details Parsik Janata Sahakari Bank Ltd Majiwade Branch PJSB0000006
Location Thane, Thane
City Thane
District Thane
State Maharashtra
Pincode 400607
Country IN
Address Majiwade branch, laxmi apt, 1st flr, kapurbawdi naka, majiwade, thane - 400 607.
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 400312006 for Majiwade 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 400312006 of Parsik Janata Bank, Majiwade Branch branch makes the system almost error free and faster. Use of Parsik Janata Bank MICR codes for Majiwade Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 18 branches of Parsik Janata Sahakari Bank Ltd are available with micr code -

>>Bhayandar >>Dombivli >>Head Office >>Kalwa Branch >>Karave >>Kasarvadavali Branch >>Kharigaon Branch >>Kharkar Ali Branch >>Louiswadi Branch >>Majiwade Branch >>Naupada Branch >>Parsik Nagar Branch >>Saba Diva >>Shilgaon >>Turbhe >>Vartak Nagar >>Vasai >>Vitawa

MICR code for Parsik Janata Sahakari Bank Majiwade 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 Majiwade 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. 400312006 is the MICR code of Parsik Bank for Majiwade Branch branch. MICR code for Majiwade 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 Majiwade Branch is presented in the table alongside.

Use of Parsik Janata Bank MICR code for Majiwade Branch branch in thane

The MICR code 400312006 is used in RBI cheque clearing process to identify the branch Majiwade 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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