Parsik Janata Sahakari Bank Not Available Raigad Maharashtra MICR CODE

Find MICR Codes for Parsik Janata Sahakari Bank Not Available Raigad Maharashtra

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MICR Code	400402052
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	Vadkhal Branch
Contact	02143-269138
Bank Details	Parsik Janata Sahakari Bank Ltd Vadkhal Branch PJSB0000053

Location	Not Available, Raigad
City	Not Available
District	Raigad
State	Maharashtra
Pincode	402107
Country	IN
Address	Vadkhal branch sai ashirwad complex,1st floor vadkhal naka,tal pen dist raigad

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 400402052 for Vadkhal 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 400402052 of Parsik Janata Bank, Vadkhal Branch branch makes the system almost error free and faster. Use of Parsik Janata Bank MICR codes for Vadkhal Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Parsik Janata Sahakari Bank Ltd are available with micr code -

>>Vadkhal Branch

MICR code for Parsik Janata Sahakari Bank Vadkhal 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 Vadkhal 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. 400402052 is the MICR code of Parsik Bank for Vadkhal Branch branch. MICR code for Vadkhal 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 Vadkhal Branch is presented in the table alongside.

Use of Parsik Janata Bank MICR code for Vadkhal Branch branch in not available

The MICR code 400402052 is used in RBI cheque clearing process to identify the branch Vadkhal 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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