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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Gujarat
  5. Gandhinagar
  6. Gandhinagar
  7. MICR: 380020020

MICR Code: 380020020

Bank: Indian Overseas Bank
IFSC Code: Ioba0001817
MICR Code: 380020020
Address: Gujarat Secondary, Education Board, Sector 10 B, Gandhi Nargar, Pin 382010
City: Gandhinagar
District: Gandhinagar
State: Gujarat

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 380020020.

  • In this case first three codes 380 is city code and it represents city Gandhinagar.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 020 represents branch. In our case branch is located at address Gujarat Secondary, Education Board, Sector 10 B, Gandhi Nargar, Pin 382010.

How to find micr code (for example 380020020) 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.