MICR Code: 624024501

Bank: Punjab National Bank
IFSC Code: Punb0284700
MICR Code: 624024501
Address: Central Sheep Wool Research Institution Build
City: Kodaikkanal
District: Mannavanur
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 624024501.

  • In this case first three codes 624 is city code and it represents city Kodaikkanal.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Central Sheep Wool Research Institution Build.

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.