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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Punjab & Sind Bank
  4. Punjab
  5. Dera Bassi
  6. Patiala
  7. MICR: 160023034

MICR Code: 160023034

Bank: Punjab & Sind Bank
IFSC Code: Psib0000831
MICR Code: 160023034
Address: S S Jain Sabha, Distt. S A S Nagar ( Mohali, Punjab - 140412
City: Patiala
District: Dera Bassi
State: Punjab

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 160023034.

  • In this case first three codes 160 is city code and it represents city Patiala.
  • Next three characters 023 represents bank Punjab & Sind Bank.
  • Remaining characters which are 034 represents branch. In our case branch is located at address S S Jain Sabha, Distt. S A S Nagar ( Mohali, Punjab - 140412.

How to find micr code (for example 160023034) 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.