Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 403312003 belongs to Gopinath Patil Parsik Janata Sahakari Bank, Mapusa branch in Bardez, Goa. The matching IFSC code is PJSB0000302.
How to read MICR 403312003
403: the city code. It usually follows the first digits of the area's PIN code; here it is Bardez.
312: the bank code, the same for every branch of Gopinath Patil Parsik Janata Sahakari Bank in cheque clearing.
003: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (PJSB0000302 for this branch).
Before you deposit or write a cheque
Check that the MICR on the cheque matches the branch printed at the top of the leaf.
Use a CTS-2010 cheque; older formats are no longer cleared.
Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 403312003 belong to?
Gopinath Patil Parsik Janata Sahakari Bank, Mapusa branch (Bardez, Goa).
What is the IFSC code for MICR 403312003?
PJSB0000302.
What do the digits of 403312003 mean?
403 is the city code, 312 the bank code and 003 the branch code.
