| MICR CODE | 402312101 |
|---|---|
| Bank | G P Parsik Bank |
| Branch | Alibag |
| IFSC Code | IFSC Code G P Parsik Bank |
| Address | Shop No. 7&8, Alibag Pride Co-op Hous. Soc. Ltd. Cts No. 780, K780, 733b/1, Mahavi Chowk, Gharat Ali Road, Alibag, Dist. Raigad - 402201. |
| City | Alibag |
| State | Maharashtra |
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Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).