MICR Code: 823024004

Bank: Punjab National Bank
IFSC Code: Punb0157100
MICR Code: 823024004
Address: Chand Chaura
City: Gaya, Bihar
District: Gaya, Bihar
State: Bihar

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 823024004.

  • In this case first three codes 823 is city code and it represents city Gaya, Bihar.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 004 represents branch. In our case branch is located at address Chand Chaura.

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.