Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 180024039 belongs to Punjab National Bank, Model Institute of E R branch in B.C. Road Jammu, Jammu and Kashmir. The matching IFSC code is PUNB0718200.
How to read MICR 180024039
180: the city code. It usually follows the first digits of the area's PIN code; here it is B.C. Road Jammu.
024: the bank code, the same for every branch of Punjab National Bank in cheque clearing.
039: 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 (PUNB0718200 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 180024039 belong to?
Punjab National Bank, Model Institute of E R branch (B.C. Road Jammu, Jammu and Kashmir).
What is the IFSC code for MICR 180024039?
PUNB0718200.
What do the digits of 180024039 mean?
180 is the city code, 024 the bank code and 039 the branch code.
