MICR Code: 560024027

Bank: Punjab National Bank
IFSC Code: Punb0496100
MICR Code: 560024027
Address: S.E.A. Education Trust, Ekta Nagar
City: Basvanpura, Virgo Nagar Post 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 560024027.

  • In this case first three codes 560 is city code and it represents city Basvanpura, Virgo Nagar Post Bangalore.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 027 represents branch. In our case branch is located at address S.E.A. Education Trust, Ekta Nagar.

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.