| MICR CODE | 400312014 |
|---|---|
| Bank | G P Parsik Bank |
| Branch | Sanpada Branch |
| IFSC Code | IFSC Code G P Parsik Bank |
| Address | Sanpada Branch, Plot No. 7, Sector - 5, Sanpada, Navi Mumbai - 400 705. |
| City | Sanpada |
| State | Maharashtra |
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).