MICR Code: 600024020

Bank: Punjab National Bank
IFSC Code: Punb0302900
MICR Code: 600024020
Address: No 3, R H Road Banu Nagar,
City: Ambattur
District: Chennai
State: Tamil Nadu

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 600024020.

  • In this case first three codes 600 is city code and it represents city Ambattur.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 020 represents branch. In our case branch is located at address No 3, R H Road Banu Nagar,.

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.