1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Punjab National Bank
  4. Maharashtra
  5. Mumbai
  6. Road, Daulat Nagar, Borivli East
  7. MICR: 400024006

MICR Code: 400024006

Bank: Punjab National Bank
IFSC Code: Punb0123100
MICR Code: 400024006
Address: Bhajanlal Complex, 1 St Floor, Jain Mandir
City: Road, Daulat Nagar, Borivli East
District: Mumbai
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 400024006.

  • In this case first three codes 400 is city code and it represents city Road, Daulat Nagar, Borivli East.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 006 represents branch. In our case branch is located at address Bhajanlal Complex, 1 St Floor, Jain Mandir.

How to find micr code (for example 400024006) 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.