MICR Code: 110024071

Bank: Punjab National Bank
IFSC Code: Punb0062900
MICR Code: 110024071
Address: Ahimsa Bhawan Shanker Road
City: New Rajinder Nagar
District: Delhi
State: Delhi

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 110024071.

  • In this case first three codes 110 is city code and it represents city New Rajinder Nagar.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 071 represents branch. In our case branch is located at address Ahimsa Bhawan Shanker 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.