1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Punjab National Bank
  4. Andhra Pradesh
  5. Hyderabad
  6. Prashanthi Nagar, I E Kuaktpally, Balanagar
  7. MICR: 500024027

MICR Code: 500024027

Bank: Punjab National Bank
IFSC Code: Punb0473700
MICR Code: 500024027
Address: 9-11, First Floor, Soni Complex
City: Prashanthi Nagar, I E Kuaktpally, Balanagar
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 500024027.

  • In this case first three codes 500 is city code and it represents city Prashanthi Nagar, I E Kuaktpally, Balanagar.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 027 represents branch. In our case branch is located at address 9-11, First Floor, Soni Complex.

How to find micr code (for example 500024027) 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.