Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 495024513 belongs to Punjab National Bank, Shakti branch in Shakti, Distt Janjgir Champa, Chhattisgarh. The matching IFSC code is PUNB0483300.
How to read MICR 495024513
495: the city code. It usually follows the first digits of the area's PIN code; here it is Shakti, Distt Janjgir Champa.
024: the bank code, the same for every branch of Punjab National Bank in cheque clearing.
513: 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 (PUNB0483300 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 495024513 belong to?
Punjab National Bank, Shakti branch (Shakti, Distt Janjgir Champa, Chhattisgarh).
What is the IFSC code for MICR 495024513?
PUNB0483300.
What do the digits of 495024513 mean?
495 is the city code, 024 the bank code and 513 the branch code.
