MICR code
123024053
Punjab National Bank, Malpura
- Bank
- Punjab National Bank
- Branch
- Malpura
- IFSC
- PUNB0333300
- Address
- VPO - MALPURA
- City
- Malpura Distt Rewari
- District
- Malpura Distt Rewari
- State
- Haryana
- City code
- 123
- Bank code
- 024
- Branch code
- 053
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- 123024053
MICR code · Malpura Distt Rewari
MICR code 123024053
✔ Verified in RBI list
How to read MICR 123024053
- 123: the city code. It usually follows the first digits of the area's PIN code; here it is Malpura Distt Rewari.
- 024: the bank code, the same for every branch of Punjab National Bank in cheque clearing.
- 053: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (PUNB0333300 for this branch).
Before you deposit or write a cheque
- Check that the MICR on the cheque matches the branch printed at the top of the leaf.
- Use a CTS-2010 cheque; older formats are no longer cleared.
- Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 123024053 belong to?
Punjab National Bank, Malpura branch (Malpura Distt Rewari, Haryana).
What is the IFSC code for MICR 123024053?
PUNB0333300.
What do the digits of 123024053 mean?
123 is the city code, 024 the bank code and 053 the branch code.