1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Punjab & Sind Bank
  4. Chandigarh
  5. Mani Majra
  6. Chandigarh
  7. MICR: 160023032

MICR Code: 160023032

Bank: Punjab & Sind Bank
IFSC Code: Psib0000282
MICR Code: 160023032
Address: Near Dhillion Theatre Mani Majra-160101
City: Chandigarh
District: Mani Majra
State: Chandigarh

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 160023032.

  • In this case first three codes 160 is city code and it represents city Chandigarh.
  • Next three characters 023 represents bank Punjab & Sind Bank.
  • Remaining characters which are 032 represents branch. In our case branch is located at address Near Dhillion Theatre Mani Majra-160101.

How to find micr code (for example 160023032) 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.