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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Punjab National Bank
  4. Punjab
  5. Mohali, Punjab
  6. Mohali, Punjab
  7. MICR: 160024062

MICR Code: 160024062

Bank: Punjab National Bank
IFSC Code: Punb0667300
MICR Code: 160024062
Address: Municipal Bhawan, Sec-68, Sas Nagar
City: Mohali, Punjab
District: Mohali, Punjab
State: Punjab

What is MICR Code?

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.

Details of MICR Code

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 160024062.

  • In this case first three codes 160 is city code and it represents city Mohali, Punjab.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 062 represents branch. In our case branch is located at address Municipal Bhawan, Sec-68, Sas Nagar.

How to find micr code (for example 160024062) from bank account number?

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.