MICR Code: 560024023

Bank: Punjab National Bank
IFSC Code: Punb0462400
MICR Code: 560024023
Address: Lnj Apparel Main Gate, Pot 57/A,
City: Bidadi Indl Area, Kiadb, Bngalore Mysore Road
District: Bidadi (Karnataka)
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 560024023.

  • In this case first three codes 560 is city code and it represents city Bidadi Indl Area, Kiadb, Bngalore Mysore Road.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 023 represents branch. In our case branch is located at address Lnj Apparel Main Gate, Pot 57/A,.

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.