MICR code
364023001
Punjab & Sind Bank, Bhavnagar
- Bank
- Punjab & Sind Bank
- Branch
- Bhavnagar
- IFSC
- PSIB0000405
- Address
- KHAR GATE LOKHAND BAZAR BHAVNAGAR 364001
- City
- Bhavnagar
- District
- Bhavnagar
- State
- Gujarat
- City code
- 364
- Bank code
- 023
- Branch code
- 001
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- 364023001
MICR code · Bhavnagar
MICR code 364023001
✔ Verified in RBI list
How to read MICR 364023001
- 364: the city code. It usually follows the first digits of the area's PIN code; here it is Bhavnagar.
- 023: the bank code, the same for every branch of Punjab & Sind Bank in cheque clearing.
- 001: 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 (PSIB0000405 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 364023001 belong to?
Punjab & Sind Bank, Bhavnagar branch (Bhavnagar, Gujarat).
What is the IFSC code for MICR 364023001?
PSIB0000405.
What do the digits of 364023001 mean?
364 is the city code, 023 the bank code and 001 the branch code.