MICR Code: 700023005

Bank: Punjab & Sind Bank
IFSC Code: Psib0000377
MICR Code: 700023005
Address: Ashutosh Mukherji Road, Bhowanipore, Kolkata - 700087
City: North 24 Parganas
District: Bhawanipur
State: West Bengal

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 700023005.

  • In this case first three codes 700 is city code and it represents city North 24 Parganas.
  • Next three characters 023 represents bank Punjab & Sind Bank.
  • Remaining characters which are 005 represents branch. In our case branch is located at address Ashutosh Mukherji Road, Bhowanipore, Kolkata - 700087.

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.