MICR Code: 474024011

Bank: Punjab National Bank
IFSC Code: Punb0779100
MICR Code: 474024011
Address: Bahodapur Tiraha, Main Road,
City: Vinay Nagar, Gwalior
District: Gwalior
State: Madhya Pradesh

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 474024011.

  • In this case first three codes 474 is city code and it represents city Vinay Nagar, Gwalior.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 011 represents branch. In our case branch is located at address Bahodapur Tiraha, Main Road,.

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.