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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Gujarat
  5. Rampura
  6. Ahmadabad
  7. MICR: 583020501

MICR Code: 583020501

Bank: Indian Overseas Bank
IFSC Code: Ioba0000329
MICR Code: 583020501
Address: Chennaveerappas Bldg Bellari Hiryur Main Road Rampura Pin 577540
City: Ahmadabad
District: Rampura
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 583020501.

  • In this case first three codes 583 is city code and it represents city Ahmadabad.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Chennaveerappas Bldg Bellari Hiryur Main Road Rampura Pin 577540.

How to find micr code (for example 583020501) 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.