MICR Code: 248024258

Bank: Punjab National Bank
IFSC Code: Punb0236500
MICR Code: 248024258
Address: Koti Colony
City: Distt Dehradun
District: Koti Colony
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 248024258.

  • In this case first three codes 248 is city code and it represents city Distt Dehradun.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 258 represents branch. In our case branch is located at address Koti Colony.

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.