MICR Code: 247024103

Bank: Punjab National Bank
IFSC Code: Punb0404400
MICR Code: 247024103
Address: Indian Institute Of Technology Campus
City: Roorkee
District: Roorkee
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 247024103.

  • In this case first three codes 247 is city code and it represents city Roorkee.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 103 represents branch. In our case branch is located at address Indian Institute Of Technology Campus.

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.