MICR Code: 625020036

Bank: Indian Overseas Bank
IFSC Code: Ioba0001830
MICR Code: 625020036
Address: District Collectorate, Dindigul, Pin 624004
City: Medak
District: Madurai
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 625020036.

  • 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 036 represents branch. In our case branch is located at address District Collectorate, Dindigul, Pin 624004.

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.