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	400312037
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	Shilgaon
Contact	022-25858064,022-25858056
Bank Details	Parsik Janata Sahakari Bank Ltd Shilgaon PJSB0000037

Location	Thane, Thane
City	Thane
District	Thane
State	Maharashtra
Pincode	421204
Country	IN
Address	Shivkrupa building, 1st floor, survey no 210/7,8 shilgaon tal. & dist. Thane 421204

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 400312037 for Shilgaon 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 400312037 of Parsik Janata Bank, Shilgaon branch makes the system almost error free and faster. Use of Parsik Janata Bank MICR codes for Shilgaon 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 Shilgaon

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 Shilgaon 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. 400312037 is the MICR code of Parsik Bank for Shilgaon branch. MICR code for Shilgaon 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 Shilgaon is presented in the table alongside.

Use of Parsik Janata Bank MICR code for Shilgaon branch in thane

The MICR code 400312037 is used in RBI cheque clearing process to identify the branch Shilgaon 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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