MICR Code: 380024048

Bank: Punjab National Bank
IFSC Code: Punb0740600
MICR Code: 380024048
Address: Ground Floor, Pelican Building,
City: Ashram Road, Ahmedabad
District: Ahmedabad
State: Gujarat

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 380024048.

  • In this case first three codes 380 is city code and it represents city Ashram Road, Ahmedabad.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 048 represents branch. In our case branch is located at address Ground Floor, Pelican Building,.

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.