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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Andhra Pradesh
  5. Mangalagiri
  6. Guntur
  7. MICR: 520020302

MICR Code: 520020302

Bank: Indian Overseas Bank
IFSC Code: Ioba0003798
MICR Code: 520020302
Address: No 5-470& 5-470-A, Beside M P Kalyana Mandapam, Tenali Road, Mangalagiri Mandal, Andhra Pradesh
City: Guntur
District: Mangalagiri
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 520020302.

  • 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 302 represents branch. In our case branch is located at address No 5-470& 5-470-A, Beside M P Kalyana Mandapam, Tenali Road, Mangalagiri Mandal, Andhra Pradesh.

How to find micr code (for example 520020302) 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.