MICR code
148023003
Punjab & Sind Bank, Bhawanigarh
- Bank
- Punjab & Sind Bank
- Branch
- Bhawanigarh
- IFSC
- PSIB0000261
- Address
- BHAWANIGARH SANGRUR
- City
- Sangrur
- District
- Bhawanigarh
- State
- Punjab
- City code
- 148
- Bank code
- 023
- Branch code
- 003
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- 148023003
MICR code · Sangrur
MICR code 148023003
✔ Verified in RBI list
How to read MICR 148023003
- 148: the city code. It usually follows the first digits of the area's PIN code; here it is Sangrur.
- 023: the bank code, the same for every branch of Punjab & Sind Bank in cheque clearing.
- 003: 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 (PSIB0000261 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 148023003 belong to?
Punjab & Sind Bank, Bhawanigarh branch (Sangrur, Punjab).
What is the IFSC code for MICR 148023003?
PSIB0000261.
What do the digits of 148023003 mean?
148 is the city code, 023 the bank code and 003 the branch code.