MICR Code: 473024505

Bank: Punjab National Bank
IFSC Code: Punb0210400
MICR Code: 473024505
Address: Indar Distt Shivpuri
City: Indar, Shivpuri, Mp
District: Indar, Shivpuri, Mp
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 473024505.

  • In this case first three codes 473 is city code and it represents city Indar, Shivpuri, Mp.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 505 represents branch. In our case branch is located at address Indar Distt Shivpuri.

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.