Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 272024204 belongs to Punjab National Bank, Baniabari branch in Sant Kabir Nagar, Uttar Pradesh. The matching IFSC code is PUNB0815300.
How to read MICR 272024204
272: the city code. It usually follows the first digits of the area's PIN code; here it is Sant Kabir Nagar.
024: the bank code, the same for every branch of Punjab National Bank in cheque clearing.
204: 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 (PUNB0815300 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 272024204 belong to?
Punjab National Bank, Baniabari branch (Sant Kabir Nagar, Uttar Pradesh).
What is the IFSC code for MICR 272024204?
PUNB0815300.
What do the digits of 272024204 mean?
272 is the city code, 024 the bank code and 204 the branch code.
