MICR code
263023302
Punjab & Sind Bank, Nainital
- Bank
- Punjab & Sind Bank
- Branch
- Nainital
- IFSC
- PSIB0000641
- Address
- UNITAL NIKETAN MALL ROAD NAINITAL
- City
- Nainital
- District
- Nainital
- State
- Uttarakhand
- City code
- 263
- Bank code
- 023
- Branch code
- 302
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MICR code · Nainital
MICR code 263023302
✔ Verified in RBI list
How to read MICR 263023302
- 263: the city code. It usually follows the first digits of the area's PIN code; here it is Nainital.
- 023: the bank code, the same for every branch of Punjab & Sind Bank in cheque clearing.
- 302: 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 (PSIB0000641 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 263023302 belong to?
Punjab & Sind Bank, Nainital branch (Nainital, Uttarakhand).
What is the IFSC code for MICR 263023302?
PSIB0000641.
What do the digits of 263023302 mean?
263 is the city code, 023 the bank code and 302 the branch code.