MICR Code: 173024057

Bank: Punjab National Bank
IFSC Code: Punb0313600
MICR Code: 173024057
Address: Arhat Bazar, Subathu Disst - Solan
City: Subathu
District: Subathu
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 173024057.

  • In this case first three codes 173 is city code and it represents city Subathu.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 057 represents branch. In our case branch is located at address Arhat Bazar, Subathu Disst - Solan.

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.