Punjab National Bank Saraswati Nagar (PNB)
Saraswati Nagar · Simla, Himachal Pradesh
171024041 is the MICR code for the Saraswati Nagar branch of Punjab National Bank, located in Simla, Himachal Pradesh. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code PUNB0982900.
Bank
Punjab National Bank
Branch & Address
Saraswati Nagar
Vill Saraswati Nagar, Post Office Hatkoti Teh Jubbal Dist Shimla Hatko Himachal Pradesh 171206
Simla, Jubbal, Himachal Pradesh
Contact
+917697323419MICR Code Structure
171
City
024
Bank
041
Branch
City code 171 identifies the RBI clearing centre, bank code 024 identifies Punjab National Bank, and branch code 041 identifies this specific branch.
Online Payment Methods Supported
Other Punjab National Bank (PNB) branches near Simla
Other banks in Simla, Himachal Pradesh
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (PUNB0982900) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 171024041 is in the middle, and your account number is on the right.