Punjab & Sind Bank Keonjhar
Keonjhar · Keonjhar, Odisha
758023002 is the MICR code for the Keonjhar branch of Punjab & Sind Bank, located in Keonjhar, Odisha. 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 PSIB0021704.
Bank
Punjab & Sind Bank
Branch & Address
Keonjhar
Punjab & Sind Bank, Plot no 123405, Ground Floor at Keonjhar Post Mandua, Keonjhar District, Odisha PIN Code 758014
Keonjhar, Keonjhar, Odisha
Contact
+918895271591MICR Code Structure
758
City
023
Bank
002
Branch
City code 758 identifies the RBI clearing centre, bank code 023 identifies Punjab & Sind Bank, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other Punjab & Sind Bank branches near Keonjhar
Other banks in Keonjhar, Odisha
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 (PSIB0021704) 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 758023002 is in the middle, and your account number is on the right.