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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Goa
  5. Thane
  6. North Goa
  7. MICR: 400020080

MICR Code: 400020080

Bank: Indian Overseas Bank
IFSC Code: Ioba0003431
MICR Code: 400020080
Address: Golden Palace Estate, Near Sai Pertro Pump, Mira Bhayander Road, Mira Road E Thane 401 107
City: North Goa
District: Thane
State: Goa

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 400020080.

  • In this case first three codes 400 is city code and it represents city North Goa.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 080 represents branch. In our case branch is located at address Golden Palace Estate, Near Sai Pertro Pump, Mira Bhayander Road, Mira Road E Thane 401 107.

How to find micr code (for example 400020080) 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.