MICR Code: 313024501

Bank: Punjab National Bank
IFSC Code: Punb0642900
MICR Code: 313024501
Address: Kothari Complex
City: Kherwara, Distt Udaipur
District: Kherwara Distt Udaipur
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 313024501.

  • In this case first three codes 313 is city code and it represents city Kherwara, Distt Udaipur.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Kothari Complex.

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.