Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 632024302 belongs to Punjab National Bank, Pallikonda branch in Vellore, Tamil Nadu. The matching IFSC code is PUNB0593200.
How to read MICR 632024302
632: the city code. It usually follows the first digits of the area's PIN code; here it is Vellore.
024: the bank code, the same for every branch of Punjab National Bank in cheque clearing.
302: 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 (PUNB0593200 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 632024302 belong to?
Punjab National Bank, Pallikonda branch (Vellore, Tamil Nadu).
What is the IFSC code for MICR 632024302?
PUNB0593200.
What do the digits of 632024302 mean?
632 is the city code, 024 the bank code and 302 the branch code.
