MICR Code: 411024017

Bank: Punjab National Bank
IFSC Code: Punb0464400
MICR Code: 411024017
Address: 7 Upper Gruond Floor, Gera 77
City: Near Bishop's School East Evenue, Pune
District: Pune
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 411024017.

  • In this case first three codes 411 is city code and it represents city Near Bishop's School East Evenue, Pune.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 017 represents branch. In our case branch is located at address 7 Upper Gruond Floor, Gera 77.

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.