MICR Code: 212020002

Bank: Indian Overseas Bank
IFSC Code: Ioba0002990
MICR Code: 212020002
Address: 176 By 154C, Krishna Tower Collectorganj, Fatehpur, Up 212601
City: Bhagalpur
District: Fatehpur
State: Bihar

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 212020002.

  • In this case first three codes 212 is city code and it represents city Bhagalpur.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address 176 By 154C, Krishna Tower Collectorganj, Fatehpur, Up 212601.

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.