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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Punjab National Bank
  4. Maharashtra
  5. Kolhapur
  6. Kolhapur
  7. MICR: 416024000

MICR Code: 416024000

Bank: Punjab National Bank
IFSC Code: Punb0452500
MICR Code: 416024000
Address: Micr Centre Kolhapur
City: Kolhapur
District: Kolhapur
State: Maharashtra

What is MICR Code?

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.

Details of MICR Code

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 416024000.

  • In this case first three codes 416 is city code and it represents city Kolhapur.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 000 represents branch. In our case branch is located at address Micr Centre Kolhapur.

How to find micr code (for example 416024000) from bank account number?

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.