MICR Code: 400024089

Bank: Punjab National Bank
IFSC Code: Punb0662700
MICR Code: 400024089
Address: Shop No 1 And 2 Plot No 16
City: Thane,Mumbai
District: Thane,Mumbai
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 400024089.

  • In this case first three codes 400 is city code and it represents city Thane,Mumbai.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 089 represents branch. In our case branch is located at address Shop No 1 And 2 Plot No 16.

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.