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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Gujarat
  5. Kalwada
  6. Valsad
  7. MICR: 396020001

MICR Code: 396020001

Bank: Indian Overseas Bank
IFSC Code: Ioba0001287
MICR Code: 396020001
Address: Aditya Chambers, 1 Floor, Opp Kalyan Bang Station Road, Valsad Pin 396001
City: Valsad
District: Kalwada
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 396020001.

  • In this case first three codes 396 is city code and it represents city Valsad.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 001 represents branch. In our case branch is located at address Aditya Chambers, 1 Floor, Opp Kalyan Bang Station Road, Valsad Pin 396001.

How to find micr code (for example 396020001) 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.