1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Punjab National Bank
  4. Uttar Pradesh
  5. Bareilly
  6. Madi Nath, Bareilly (Up)
  7. MICR: 243024007

MICR Code: 243024007

Bank: Punjab National Bank
IFSC Code: Punb0297900
MICR Code: 243024007
Address: Opposite City Rly Station
City: Madi Nath, Bareilly (Up)
District: Bareilly
State: Uttar Pradesh

What is MICR Code?

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.

Details of MICR Code

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 243024007.

  • In this case first three codes 243 is city code and it represents city Madi Nath, Bareilly (Up).
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 007 represents branch. In our case branch is located at address Opposite City Rly Station.

How to find micr code (for example 243024007) from bank account number?

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.