MICR Code: 364024001

Bank: Punjab National Bank
IFSC Code: Punb0005100
MICR Code: 364024001
Address: Ramvadi Opp Bhidbhanjan
City: Mahadev Temple Bhavnagar
District: Bhavnagar
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 364024001.

  • In this case first three codes 364 is city code and it represents city Mahadev Temple Bhavnagar.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 001 represents branch. In our case branch is located at address Ramvadi Opp Bhidbhanjan.

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.