MICR Code: 518024002

Bank: Punjab National Bank
IFSC Code: Punb0234600
MICR Code: 518024002
Address: 40/29 A Park Road, Bhupal Hotel Complex
City: Kurnool
District: Kurnool
State: Andhra Pradesh

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.

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 518024002.

  • In this case first three codes 518 is city code and it represents city Kurnool.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address 40/29 A Park Road, Bhupal Hotel Complex.

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.