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	-NA-
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	Padagha Branch
Contact	952522- 268203 / 267424
Bank Details	Parsik Janata Sahakari Bank Ltd Padagha Branch PJSB0000052

Location	Bhiwandi, Thane
City	Bhiwandi
District	Thane
State	Maharashtra
Pincode	421101
Country	IN
Address	Padagha branch, masaheb meenatai thakare complex, padagha bazar peth, tal. Bhiwandi, dist. Thane. 421101

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 0 for Padagha 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 0 of Parsik Janata Bank, Padagha Branch branch makes the system almost error free and faster. Use of Parsik Janata Bank MICR codes for Padagha Branch 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 Padagha 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 Padagha 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. 0 is the MICR code of Parsik Bank for Padagha Branch branch. MICR code for Padagha 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 Padagha Branch is presented in the table alongside.

Use of Parsik Janata Bank MICR code for Padagha Branch branch in bhiwandi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Padagha 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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