MICR Code: 854024203

Bank: Punjab National Bank
IFSC Code: Punb0196800
MICR Code: 854024203
Address: Katihar Daulat Ram Chowk
City: Katihar
District: Katihar
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 854024203.

  • In this case first three codes 854 is city code and it represents city Katihar.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 203 represents branch. In our case branch is located at address Katihar Daulat Ram Chowk.

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.