MICR Code: 493024509

Bank: Punjab National Bank
IFSC Code: Punb0611100
MICR Code: 493024509
Address: National Highway Road, Main Road
City: Saraipali
District: Saraipali (Raipur)
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 493024509.

  • In this case first three codes 493 is city code and it represents city Saraipali.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 509 represents branch. In our case branch is located at address National Highway Road, 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.