MICR Code: 248024034

Bank: Punjab National Bank
IFSC Code: Punb0618500
MICR Code: 248024034
Address: National Institute For Visually Handicapped
City: Rajpur Road
District: Dehradun
State: Uttarakhand

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 248024034.

  • In this case first three codes 248 is city code and it represents city Rajpur Road.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 034 represents branch. In our case branch is located at address National Institute For Visually Handicapped.

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.