MICR Code: 533020642

Bank: Indian Overseas Bank
IFSC Code: Ioba0000726
MICR Code: 533020642
Address: Main Road Ananthavaram Mimmidivaram Mandal Pin 533222
City: Vishakhapatnam
District: Ananthavaram
State: Andhra Pradesh

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 533020642.

  • In this case first three codes 533 is city code and it represents city Vishakhapatnam.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 642 represents branch. In our case branch is located at address Main Road Ananthavaram Mimmidivaram Mandal Pin 533222.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.