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MICR code · Nagarnar

MICR code 494024508

MICR code
494024508
Punjab National Bank, Nagarnar
✔ Verified in RBI list
Bank
Punjab National Bank
Branch
Nagarnar
IFSC
PUNB0732000
Address
MAIN MARKET CENTER
City
Nagarnar
District
Nagarnar
State
Chhattisgarh
City code
494
Bank code
024
Branch code
508
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 494024508 belongs to Punjab National Bank, Nagarnar branch in Nagarnar, Chhattisgarh. The matching IFSC code is PUNB0732000.

How to read MICR 494024508

  • 494: the city code. It usually follows the first digits of the area's PIN code; here it is Nagarnar.
  • 024: the bank code, the same for every branch of Punjab National Bank in cheque clearing.
  • 508: 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 (PUNB0732000 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 494024508 belong to?

Punjab National Bank, Nagarnar branch (Nagarnar, Chhattisgarh).

What is the IFSC code for MICR 494024508?

PUNB0732000.

What do the digits of 494024508 mean?

494 is the city code, 024 the bank code and 508 the branch code.

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