MICR Code: 781023003

Bank: Punjab & Sind Bank
IFSC Code: Psib0000757
MICR Code: 781023003
Address: Rajgarh Road, Opp. Manipur Bhawan Guwahati, Assam-781003
City: Kamrup Metropolitan
District: Guwahati
State: Assam

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 781023003.

  • In this case first three codes 781 is city code and it represents city Kamrup Metropolitan.
  • Next three characters 023 represents bank Punjab & Sind Bank.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Rajgarh Road, Opp. Manipur Bhawan Guwahati, Assam-781003.

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.