MICR Code: 332020025

Bank: Indian Overseas Bank
IFSC Code: Ioba0001404
MICR Code: 332020025
Address: 17 Parihar Shopping Centre, Sikariya Chauraha Shehawati, Fatehpur Pin 332301
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 332020025.

  • In this case first three codes 332 is city code and it represents city Bhagalpur.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 025 represents branch. In our case branch is located at address 17 Parihar Shopping Centre, Sikariya Chauraha Shehawati, Fatehpur Pin 332301.

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.