MICR Code: 380024037

Bank: Punjab National Bank
IFSC Code: Punb0494800
MICR Code: 380024037
Address: Singarwa - Kathwada Road Near Maize
City: Products Company Kathwada 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 380024037.

  • In this case first three codes 380 is city code and it represents city Products Company Kathwada Ahmedabad.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 037 represents branch. In our case branch is located at address Singarwa - Kathwada Road Near Maize.

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.