MICR Code: 482024010

Bank: Punjab National Bank
IFSC Code: Punb0627900
MICR Code: 482024010
Address: Prantiya Shikshan Mahavidhyalaya
City: Psm Jabalpur
District: Jabalpur
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 482024010.

  • In this case first three codes 482 is city code and it represents city Psm Jabalpur.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 010 represents branch. In our case branch is located at address Prantiya Shikshan Mahavidhyalaya.

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.