MICR Code: 768024302

Bank: Punjab National Bank
IFSC Code: Punb0402000
MICR Code: 768024302
Address: Ambika Complex
City: Baragarh
District: Baragarh
State: Odisha

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 768024302.

  • In this case first three codes 768 is city code and it represents city Baragarh.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 302 represents branch. In our case branch is located at address Ambika Complex.

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.