MICR Code: 400312038
| Bank: G P Parsik Bank |
| IFSC Code: Pjsb0000038 |
| MICR Code: 400312038 |
| Address: At A-101 President Plaza Shivaji Chowk Bhiwandi Dist. Thane |
| City: Thane |
| District: Bhiwandi |
| State: Maharashtra |
MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.
Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.
Let's decode MICR code 400312038.
- In this case first three codes 400 is city code and it represents city Thane.
- Next three characters 312 represents bank G P Parsik Bank.
- Remaining characters which are 038 represents branch. In our case branch is located at address At A-101 President Plaza Shivaji Chowk Bhiwandi Dist. Thane.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.