MICR Code: 400312014

Bank: G P Parsik Bank
IFSC Code: Pjsb0000014
MICR Code: 400312014
Address: Sanpada Branch, Plot No. 7, Sector - 5, Sanpada, Navi Mumbai - 400 705.
City: Thane
District: Sanpada
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 400312014.

  • 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 014 represents branch. In our case branch is located at address Sanpada Branch, Plot No. 7, Sector - 5, Sanpada, Navi Mumbai - 400 705..

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.