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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Gujarat
  5. Vapi
  6. Valsad
  7. MICR: 396020031

MICR Code: 396020031

Bank: Indian Overseas Bank
IFSC Code: Ioba0001143
MICR Code: 396020031
Address: Nhw 8 I Floor Express House Gidc Char Rasta Vapi 396 195
City: Valsad
District: Vapi
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 396020031.

  • 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 031 represents branch. In our case branch is located at address Nhw 8 I Floor Express House Gidc Char Rasta Vapi 396 195.

How to find micr code (for example 396020031) 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.