MICR Code: 244020202

Bank: Indian Overseas Bank
IFSC Code: Ioba0002217
MICR Code: 244020202
Address: Chamunda Complex, Ram Nagar Road, Kashipur, Pin 244713, Dist Udham Singh Nagar
City: Cachar
District: Kashipur
State: Assam

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 244020202.

  • In this case first three codes 244 is city code and it represents city Cachar.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 202 represents branch. In our case branch is located at address Chamunda Complex, Ram Nagar Road, Kashipur, Pin 244713, Dist Udham Singh Nagar.

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.