MICR Code: 456024503

Bank: Punjab National Bank
IFSC Code: Punb0104700
MICR Code: 456024503
Address: Tajpur Distt Ujjain
City: Tajpur
District: Tajpur
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 456024503.

  • In this case first three codes 456 is city code and it represents city Tajpur.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 503 represents branch. In our case branch is located at address Tajpur Distt Ujjain.

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.