Punjab National Bank Panjim Goa (PNB)
Panjim Goa · Dr. Pissurlekar Road, Panjim, Goa
403024002 is the MICR code for the Panjim Goa branch of Punjab National Bank, located in Dr. Pissurlekar Road, Panjim, Goa. 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 PUNB0292300.
Bank
Punjab National Bank
Branch & Address
Panjim Goa
Calisto Mansion
Dr. Pissurlekar Road, Panjim, Panjim, Goa
Codes for this Branch
MICR (cheques)
403024002
IFSC (online transfers)
PUNB0292300
SWIFT / BIC
PUNBINBBGPA
MICR Code Structure
403
City
024
Bank
002
Branch
City code 403 identifies the RBI clearing centre, bank code 024 identifies Punjab National Bank, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other Punjab National Bank (PNB) branches near Dr. Pissurlekar Road, Panjim
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 (PUNB0292300) 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 403024002 is in the middle, and your account number is on the right.