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	-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	Saba Diva
Contact	,-- N.A.--
Bank Details	Parsik Janata Sahakari Bank Ltd Saba Diva PJSB0000040

Location	Thane, Thane
City	Thane
District	Thane
State	Maharashtra
Pincode	400612
Country	IN
Address	Dhanraj shopping centre, ground floor saba (diva) thane 400612

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 Saba Diva 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, Saba Diva branch makes the system almost error free and faster. Use of Parsik Janata Bank MICR codes for Saba Diva 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 Saba Diva

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 Saba Diva 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 Saba Diva branch. MICR code for Saba Diva 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 Saba Diva is presented in the table alongside.

Use of Parsik Janata Bank MICR code for Saba Diva branch in thane

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