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MICR code · Road

MICR code 577024202

MICR code
577024202
Punjab National Bank, Shimoga
✔ Verified in RBI list
Bank
Punjab National Bank
Branch
Shimoga
IFSC
PUNB0391100
Address
K SUBBEGOWDA COMPLEX, SAVARLANE
City
Road
District
Shimoga
State
Karnataka
City code
577
Bank code
024
Branch code
202
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 577024202 belongs to Punjab National Bank, Shimoga branch in Road, Karnataka. The matching IFSC code is PUNB0391100.

How to read MICR 577024202

  • 577: the city code. It usually follows the first digits of the area's PIN code; here it is Road.
  • 024: the bank code, the same for every branch of Punjab National Bank in cheque clearing.
  • 202: 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 (PUNB0391100 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 577024202 belong to?

Punjab National Bank, Shimoga branch (Road, Karnataka).

What is the IFSC code for MICR 577024202?

PUNB0391100.

What do the digits of 577024202 mean?

577 is the city code, 024 the bank code and 202 the branch code.

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