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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Andhra Pradesh
  5. Guntur
  6. Guntur
  7. MICR: 520020102

MICR Code: 520020102

Bank: Indian Overseas Bank
IFSC Code: Ioba0000028
MICR Code: 520020102
Address: 12-25-98, Sundaram Building, Leelamahal Road, Guntur - 522001
City: Guntur
District: Guntur
State: Andhra Pradesh

What is MICR Code?

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.

Details of MICR Code

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 520020102.

  • In this case first three codes 520 is city code and it represents city Guntur.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 102 represents branch. In our case branch is located at address 12-25-98, Sundaram Building, Leelamahal Road, Guntur - 522001.

How to find micr code (for example 520020102) from bank account number?

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.