MICR Code: 248023009

Bank: Punjab & Sind Bank
IFSC Code: Psib0000055
MICR Code: 248023009
Address: Majra ( Ward No 46 ( Near Shiv Mandir) Saharanpur, Distt. Dehradun, Uttar Pradesh-248171
City: Saharanpur
District: Kamboh Majra
State: Uttar Pradesh

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 248023009.

  • In this case first three codes 248 is city code and it represents city Saharanpur.
  • Next three characters 023 represents bank Punjab & Sind Bank.
  • Remaining characters which are 009 represents branch. In our case branch is located at address Majra ( Ward No 46 ( Near Shiv Mandir) Saharanpur, Distt. Dehradun, Uttar Pradesh-248171.

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.