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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Bihar
  5. Kharagpur
  6. Munger
  7. MICR: 721020102

MICR Code: 721020102

Bank: Indian Overseas Bank
IFSC Code: Ioba0001289
MICR Code: 721020102
Address: Purathan Bazaar Sitala Sweets First Floor Kharagpur Pin 721301
City: Munger
District: Kharagpur
State: Bihar

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 721020102.

  • In this case first three codes 721 is city code and it represents city Munger.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 102 represents branch. In our case branch is located at address Purathan Bazaar Sitala Sweets First Floor Kharagpur Pin 721301.

How to find micr code (for example 721020102) 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.