MICR Code: 625020061

Bank: Indian Overseas Bank
IFSC Code: Ioba0002706
MICR Code: 625020061
Address: 679 By3 Railway Station Road, Kothapulli Vil., Reddiyarchatram Dindigul 624622
City: Medak
District: Dindigul
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 625020061.

  • In this case first three codes 625 is city code and it represents city Medak.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 061 represents branch. In our case branch is located at address 679 By3 Railway Station Road, Kothapulli Vil., Reddiyarchatram Dindigul 624622.

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.