MICR Code: 281023002

Bank: Punjab & Sind Bank
IFSC Code: Psib0000571
MICR Code: 281023002
Address: 191 Bhagwati Bhawan, Distt. Mathura, Uttar Pradesh - 281001
City: Mathura
District: Mathura
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 281023002.

  • In this case first three codes 281 is city code and it represents city Mathura.
  • Next three characters 023 represents bank Punjab & Sind Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address 191 Bhagwati Bhawan, Distt. Mathura, Uttar Pradesh - 281001.

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.