MICR Code: 171024002

Bank: Punjab National Bank
IFSC Code: Punb0042700
MICR Code: 171024002
Address: The Mall, Shimla ( Loan Section 2803110)
City: Shimla
District: Shimla
State: Himachal Pradesh

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 171024002.

  • In this case first three codes 171 is city code and it represents city Shimla.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address The Mall, Shimla ( Loan Section 2803110).

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.