MICR Code: 302024035

Bank: Punjab National Bank
IFSC Code: Punb0521200
MICR Code: 302024035
Address: Retail Finance Hub,2- Nehru Place, Tonk Road
City: Jaipur
District: Jaipur
State: Rajasthan

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 302024035.

  • In this case first three codes 302 is city code and it represents city Jaipur.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 035 represents branch. In our case branch is located at address Retail Finance Hub,2- Nehru Place, Tonk Road.

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.