MICR Code: 151024019

Bank: Punjab National Bank
IFSC Code: Punb0684000
MICR Code: 151024019
Address: Factory Road, Near Kiran Hospital
City: Maur Mandi
District: Bhatinda
State: Punjab

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 151024019.

  • In this case first three codes 151 is city code and it represents city Maur Mandi.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 019 represents branch. In our case branch is located at address Factory Road, Near Kiran Hospital.

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.