MICR Code: 313023002

Bank: Punjab & Sind Bank
IFSC Code: Psib0000404
MICR Code: 313023002
Address: 215, Shanti Nagar, Nirala Hotel Road, Udaipur-313001
City: Udaipur
District: Udaipur
State: Rajasthan

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 313023002.

  • In this case first three codes 313 is city code and it represents city Udaipur.
  • Next three characters 023 represents bank Punjab & Sind Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address 215, Shanti Nagar, Nirala Hotel Road, Udaipur-313001.

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.