MICR Code: 248023010

Bank: Punjab & Sind Bank
IFSC Code: Psib0000023
MICR Code: 248023010
Address: Prem Nagar, Distt. Dehra Dun , Uttarakhand - 248007
City: Dehra Dun
District: Dehradun
State: Uttarakhand

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 248023010.

  • In this case first three codes 248 is city code and it represents city Dehra Dun.
  • Next three characters 023 represents bank Punjab & Sind Bank.
  • Remaining characters which are 010 represents branch. In our case branch is located at address Prem Nagar, Distt. Dehra Dun , Uttarakhand - 248007.

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.