MICR Code: 560024016

Bank: Punjab National Bank
IFSC Code: Punb0227300
MICR Code: 560024016
Address: 28, M G Road, Centenary Building
City: Bangalore
District: Bangalore
State: Karnataka

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 560024016.

  • In this case first three codes 560 is city code and it represents city Bangalore.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 016 represents branch. In our case branch is located at address 28, M G Road, Centenary Building.

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.