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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Andhra Pradesh
  5. Warangal
  6. Warangal
  7. MICR: 500020000

MICR Code: 500020000

Bank: Indian Overseas Bank
IFSC Code: Ioba0000173
MICR Code: 500020000
Address: 2 5 74, Nakkal Gutta, Hanamkonda, Warangal
City: Warangal
District: Warangal
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 500020000.

  • In this case first three codes 500 is city code and it represents city Warangal.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 000 represents branch. In our case branch is located at address 2 5 74, Nakkal Gutta, Hanamkonda, Warangal.

How to find micr code (for example 500020000) 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.