MICR Code: 600024038

Bank: Punjab National Bank
IFSC Code: Punb0455700
MICR Code: 600024038
Address: Bharat Institute Of Higher Edu & Reserch
City: Chennai
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 600024038.

  • In this case first three codes 600 is city code and it represents city Chennai.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 038 represents branch. In our case branch is located at address Bharat Institute Of Higher Edu & Reserch.

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.