MICR Code: 360024003

Bank: Punjab National Bank
IFSC Code: Punb0376600
MICR Code: 360024003
Address: I Floor, Ravi Towers, Opp Parimal School
City: Kalavad Raod Rajkot
District: Rajkot
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 360024003.

  • In this case first three codes 360 is city code and it represents city Kalavad Raod Rajkot.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 003 represents branch. In our case branch is located at address I Floor, Ravi Towers, Opp Parimal School.

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.