Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 492024507 belongs to Punjab National Bank, Abhanpur branch in Abhanpur (Raipur), Chhattisgarh. The matching IFSC code is PUNB0738800.
How to read MICR 492024507
492: the city code. It usually follows the first digits of the area's PIN code; here it is Abhanpur (Raipur).
024: the bank code, the same for every branch of Punjab National Bank in cheque clearing.
507: 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 (PUNB0738800 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 492024507 belong to?
Punjab National Bank, Abhanpur branch (Abhanpur (Raipur), Chhattisgarh).
What is the IFSC code for MICR 492024507?
PUNB0738800.
What do the digits of 492024507 mean?
492 is the city code, 024 the bank code and 507 the branch code.
