Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 411024031 belongs to Punjab National Bank, Moshi branch in Pune, Maharashtra. The matching IFSC code is PUNB0928300.
How to read MICR 411024031
411: the city code. It usually follows the first digits of the area's PIN code; here it is Pune.
024: the bank code, the same for every branch of Punjab National Bank in cheque clearing.
031: 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 (PUNB0928300 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 411024031 belong to?
Punjab National Bank, Moshi branch (Pune, Maharashtra).
What is the IFSC code for MICR 411024031?
PUNB0928300.
What do the digits of 411024031 mean?
411 is the city code, 024 the bank code and 031 the branch code.
