MICR Code: 400023020

Bank: Punjab & Sind Bank
IFSC Code: Psib0000926
MICR Code: 400023020
Address: D.G. Khetan Intl. School Bldg, Behind Sunder Nagar, Off. Link Road Malad( West), Mumbai, Maharashtra-400064
City: Greater Bombay
District: Mumbai
State: Maharashtra

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 400023020.

  • In this case first three codes 400 is city code and it represents city Greater Bombay.
  • Next three characters 023 represents bank Punjab & Sind Bank.
  • Remaining characters which are 020 represents branch. In our case branch is located at address D.G. Khetan Intl. School Bldg, Behind Sunder Nagar, Off. Link Road Malad( West), Mumbai, Maharashtra-400064.

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.