MICR code
454024502
Punjab National Bank, Badnawar
- Bank
- Punjab National Bank
- Branch
- Badnawar
- IFSC
- PUNB0683100
- Address
- NAGESHWAR MARG
- City
- Petlawad Road Bus Stand
- District
- Badnawar
- State
- Madhya Pradesh
- City code
- 454
- Bank code
- 024
- Branch code
- 502
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- 454024502
MICR code · Petlawad Road Bus Stand
MICR code 454024502
✔ Verified in RBI list
How to read MICR 454024502
- 454: the city code. It usually follows the first digits of the area's PIN code; here it is Petlawad Road Bus Stand.
- 024: the bank code, the same for every branch of Punjab National Bank in cheque clearing.
- 502: 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 (PUNB0683100 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 454024502 belong to?
Punjab National Bank, Badnawar branch (Petlawad Road Bus Stand, Madhya Pradesh).
What is the IFSC code for MICR 454024502?
PUNB0683100.
What do the digits of 454024502 mean?
454 is the city code, 024 the bank code and 502 the branch code.