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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Punjab National Bank
  4. Madhya Pradesh
  5. Gagangiwara Chhindwara Mp
  6. Madhya Pradesh
  7. MICR: 480024501

MICR Code: 480024501

Bank: Punjab National Bank
IFSC Code: Punb0102300
MICR Code: 480024501
Address: Gangiwada Distt Chhinwara
City: Madhya Pradesh
District: Gagangiwara Chhindwara Mp
State: Madhya Pradesh

What is MICR Code?

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.

Details of MICR Code

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 480024501.

  • In this case first three codes 480 is city code and it represents city Madhya Pradesh.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Gangiwada Distt Chhinwara.

How to find micr code (for example 480024501) from bank account number?

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.