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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Punjab National Bank
  4. Andhra Pradesh
  5. Hyderabad
  6. Bank Street
  7. MICR: 500024033

MICR Code: 500024033

Bank: Punjab National Bank
IFSC Code: Punb0523000
MICR Code: 500024033
Address: Retail Loans Hub, 4-1-427, Troop Bazar
City: Bank Street
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 500024033.

  • In this case first three codes 500 is city code and it represents city Bank Street.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 033 represents branch. In our case branch is located at address Retail Loans Hub, 4-1-427, Troop Bazar.

How to find micr code (for example 500024033) 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.