Paraspar Sahayak Coop. Bank MICR codes

Paraspar Sahayak Coop. Bank has 3 centres in India with MICR codes.
Click on the branch name to get more information about the MICR codes of Paraspar Sahayak Coop. Bank.
MICR Center Branch Name MICR Code
Indore (cts Western Grid) Gumashta Nagar(gmn)
452284004
Indore (cts Western Grid) Indore City( Rnt)
452284002
Indore (cts Western Grid) Jail Road(snh)
452284003

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What is MICR ?
MICR stands for Magnetic Ink Character Recognition . This is a 9 digit code to identify the location of the bank branch. The MICR Code is a numeric code that uniquely identifies a bank-branch participating in the ECS Credit scheme.
The MICR code consists of 9 Characters : (e.g 411229003)
  • First 3 characters represent the city (411229003 )
  • Next 3 characters represents the bank (411229003)
  • Last 3 character denotes the branch identity (411229003 )
The MICR Code allotted to a bank branch is printed on the MICR band of cheques issued by bank branches.

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