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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Punjab National Bank
  4. Andhra Pradesh
  5. Hyderabad
  6. Banda Main Road, Kanchanbagh
  7. MICR: 500024016

MICR Code: 500024016

Bank: Punjab National Bank
IFSC Code: Punb0393400
MICR Code: 500024016
Address: 18-8-192/22/23, Sarwar Complex, Pisal
City: Banda Main Road, Kanchanbagh
District: Hyderabad
State: Andhra Pradesh

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 500024016.

  • In this case first three codes 500 is city code and it represents city Banda Main Road, Kanchanbagh.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 016 represents branch. In our case branch is located at address 18-8-192/22/23, Sarwar Complex, Pisal.

How to find micr code (for example 500024016) 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.