MICR Code: 473024507

Bank: Punjab National Bank
IFSC Code: Punb0256800
MICR Code: 473024507
Address: Padon Distt Guna
City: Padon Guna Mp
District: Padon Guna 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 473024507.

  • In this case first three codes 473 is city code and it represents city Padon Guna Mp.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 507 represents branch. In our case branch is located at address Padon Distt Guna.

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.