MICR Code: 533020562
Bank: Indian Overseas Bank |
IFSC Code: Ioba0000554 |
MICR Code: 533020562 |
Address: 10 1 3, Main Road, Near Fort Gate, Pithapuram Pin 533450 |
City: East Godavari |
District: Pithapuram |
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 533020562.
- In this case first three codes 533 is city code and it represents city East Godavari.
- Next three characters 020 represents bank Indian Overseas Bank.
- Remaining characters which are 562 represents branch. In our case branch is located at address 10 1 3, Main Road, Near Fort Gate, Pithapuram Pin 533450.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details

I hope this clears doubts.