MICR Code: 827024002

Bank: Punjab National Bank
IFSC Code: Punb0121000
MICR Code: 827024002
Address: Sec.-4, Steel City
City: Bokaro
District: Bokaro
State: Jharkhand

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 827024002.

  • In this case first three codes 827 is city code and it represents city Bokaro.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Sec.-4, Steel City.

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.