MICR Code: 400312024

Bank: G P Parsik Bank
IFSC Code: Pjsb0000052
MICR Code: 400312024
Address: Padagha Branch, Masaheb Meenatai Thakare Complex, Padagha Bazar Peth, Tal. Bhiwandi, Dist. Thane. 421101
City: Thane
District: Padagha
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 400312024.

  • 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 024 represents branch. In our case branch is located at address Padagha Branch, Masaheb Meenatai Thakare Complex, Padagha Bazar Peth, Tal. Bhiwandi, Dist. Thane. 421101.

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.