MICR Code: 152024054

Bank: Punjab National Bank
IFSC Code: Punb0236300
MICR Code: 152024054
Address: Vill And Po Kundal
City: Distt
District: Kundal, Dist Ferozepur
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 152024054.

  • In this case first three codes 152 is city code and it represents city Distt.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 054 represents branch. In our case branch is located at address Vill And Po Kundal.

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.