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  3. Punjab & Sind Bank
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  5. Delhi
  6. Delhi
  7. MICR: 110023049

MICR Code: 110023049

Bank: Punjab & Sind Bank
IFSC Code: Psib0000623
MICR Code: 110023049
Address: Kirti Nagar, New Delhi-110015
City: Delhi
District: Delhi
State: Delhi

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 110023049.

  • In this case first three codes 110 is city code and it represents city Delhi.
  • Next three characters 023 represents bank Punjab & Sind Bank.
  • Remaining characters which are 049 represents branch. In our case branch is located at address Kirti Nagar, New Delhi-110015.

How to find micr code (for example 110023049) 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.