MICR code
770024501
Punjab National Bank, Banki
- Bank
- Punjab National Bank
- Branch
- Banki
- IFSC
- PUNB0244500
- Address
- BANKI DISTT SUNDERGARH
- City
- Orissa
- District
- Banki, Distt Sundergarh
- State
- Odisha
- City code
- 770
- Bank code
- 024
- Branch code
- 501
- Home
- MICR search
- 770024501
MICR code · Orissa
MICR code 770024501
✔ Verified in RBI list
How to read MICR 770024501
- 770: the city code. It usually follows the first digits of the area's PIN code; here it is Orissa.
- 024: the bank code, the same for every branch of Punjab National Bank in cheque clearing.
- 501: 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 (PUNB0244500 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 770024501 belong to?
Punjab National Bank, Banki branch (Orissa, Odisha).
What is the IFSC code for MICR 770024501?
PUNB0244500.
What do the digits of 770024501 mean?
770 is the city code, 024 the bank code and 501 the branch code.