MICR Code: 431024003
Bank: Punjab National Bank |
IFSC Code: Punb0098100 |
MICR Code: 431024003 |
Address: Plot No 316 N3 Cidco |
City: Jalna Road Aurangabad |
District: Aurangabad (Maharashtra) |
State: Maharashtra |
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 431024003.
- In this case first three codes 431 is city code and it represents city Jalna Road Aurangabad.
- Next three characters 024 represents bank Punjab National Bank.
- Remaining characters which are 003 represents branch. In our case branch is located at address Plot No 316 N3 Cidco.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details

I hope this clears doubts.