MICR code
492024503
Punjab National Bank, Rajim
- Bank
- Punjab National Bank
- Branch
- Rajim
- IFSC
- PUNB0611500
- Address
- RAJIM RAIPUR ROAD CHHATISGARH
- City
- Chhatisgarh
- District
- Rajim ,chhatisgarh
- State
- Chhattisgarh
- City code
- 492
- Bank code
- 024
- Branch code
- 503
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- 492024503
MICR code · Chhatisgarh
MICR code 492024503
✔ Verified in RBI list
How to read MICR 492024503
- 492: the city code. It usually follows the first digits of the area's PIN code; here it is Chhatisgarh.
- 024: the bank code, the same for every branch of Punjab National Bank in cheque clearing.
- 503: 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 (PUNB0611500 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 492024503 belong to?
Punjab National Bank, Rajim branch (Chhatisgarh, Chhattisgarh).
What is the IFSC code for MICR 492024503?
PUNB0611500.
What do the digits of 492024503 mean?
492 is the city code, 024 the bank code and 503 the branch code.