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MICR code · Balasore

MICR code 756024003

MICR code
756024003
Punjab National Bank, Iti Chhak Balasore
✔ Verified in RBI list
Bank
Punjab National Bank
Branch
Iti Chhak Balasore
IFSC
PUNB0780400
Address
ITI CHHAK BALASORE
City
Balasore
District
Balasore
State
Odisha
City code
756
Bank code
024
Branch code
003
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 756024003 belongs to Punjab National Bank, Iti Chhak Balasore branch in Balasore, Odisha. The matching IFSC code is PUNB0780400.

How to read MICR 756024003

  • 756: the city code. It usually follows the first digits of the area's PIN code; here it is Balasore.
  • 024: the bank code, the same for every branch of Punjab National Bank in cheque clearing.
  • 003: 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 (PUNB0780400 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 756024003 belong to?

Punjab National Bank, Iti Chhak Balasore branch (Balasore, Odisha).

What is the IFSC code for MICR 756024003?

PUNB0780400.

What do the digits of 756024003 mean?

756 is the city code, 024 the bank code and 003 the branch code.

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