MICR Code: 302024029

Bank: Punjab National Bank
IFSC Code: Punb0443400
MICR Code: 302024029
Address: Bagara Mension, Jagat Vihar
City: Near Railway Crossing, Jagatpura, 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 302024029.

  • In this case first three codes 302 is city code and it represents city Near Railway Crossing, Jagatpura, Jaipur.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 029 represents branch. In our case branch is located at address Bagara Mension, Jagat Vihar.

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.