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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. G P Parsik Bank
  4. Maharashtra
  5. Vadkhal
  6. Raigad
  7. MICR: 402312052

MICR Code: 402312052

Bank: G P Parsik Bank
IFSC Code: Pjsb0000053
MICR Code: 402312052
Address: Sai Ashirwad Complex, 1 St Floor Vadkhal Naka, Tal. Pen. Dist. Raigad
City: Raigad
District: Vadkhal
State: Maharashtra

What is MICR Code?

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.

Details of MICR Code

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 402312052.

  • In this case first three codes 402 is city code and it represents city Raigad.
  • Next three characters 312 represents bank G P Parsik Bank.
  • Remaining characters which are 052 represents branch. In our case branch is located at address Sai Ashirwad Complex, 1 St Floor Vadkhal Naka, Tal. Pen. Dist. Raigad.

How to find micr code (for example 402312052) from bank account number?

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.