MICR Code: 160024044

Bank: Punjab National Bank
IFSC Code: Punb0448000
MICR Code: 160024044
Address: Sector 20
City: Panchkula
District: Panchkula, Haryana
State: Haryana

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 160024044.

  • In this case first three codes 160 is city code and it represents city Panchkula.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 044 represents branch. In our case branch is located at address Sector 20.

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.