MICR Code: 494024509

Bank: Punjab National Bank
IFSC Code: Punb0724200
MICR Code: 494024509
Address: In Front Of Nagar Panchayat Main Road
City: Geedam
District: Geedam
State: Chandigarh

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 494024509.

  • In this case first three codes 494 is city code and it represents city Geedam.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 509 represents branch. In our case branch is located at address In Front Of Nagar Panchayat Main Road.

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.