MICR Code: 400312060

Bank: G P Parsik Bank
IFSC Code: Pjsb0000067
MICR Code: 400312060
Address: Shop No 13 14 Grd Flr Matruchaya Heritage Chs Ltd Plt No 21 Sec 11 Kalamboli Navi Mumbai 410218
City: New Mumbai
District: Navi Mumbai
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 400312060.

  • In this case first three codes 400 is city code and it represents city New Mumbai.
  • Next three characters 312 represents bank G P Parsik Bank.
  • Remaining characters which are 060 represents branch. In our case branch is located at address Shop No 13 14 Grd Flr Matruchaya Heritage Chs Ltd Plt No 21 Sec 11 Kalamboli Navi Mumbai 410218.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.