1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Daman And Diu
  5. Daman
  6. Daman
  7. MICR: 396020131

MICR Code: 396020131

Bank: Indian Overseas Bank
IFSC Code: Ioba0002506
MICR Code: 396020131
Address: Shop 7 And 8 Anuradha Complex Airport Road, Mashal Chowk Daman Pin 396210
City: Daman
District: Daman
State: Daman And Diu

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 396020131.

  • In this case first three codes 396 is city code and it represents city Daman.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 131 represents branch. In our case branch is located at address Shop 7 And 8 Anuradha Complex Airport Road, Mashal Chowk Daman Pin 396210.

How to find micr code (for example 396020131) 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.