MICR Code: 400312061

Bank: G P Parsik Bank
IFSC Code: Pjsb0000068
MICR Code: 400312061
Address: Shop No 1 2 3 Grd Flr Shree Samarth Bldg Plt No 34 Sec 11 Panchnand Taloja Tal Panvel Navi Mumabi 410208
City: Raigad
District: Panvel
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 400312061.

  • In this case first three codes 400 is city code and it represents city Raigad.
  • Next three characters 312 represents bank G P Parsik Bank.
  • Remaining characters which are 061 represents branch. In our case branch is located at address Shop No 1 2 3 Grd Flr Shree Samarth Bldg Plt No 34 Sec 11 Panchnand Taloja Tal Panvel Navi Mumabi 410208.

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.