MICR Code: 110020125

Bank: Indian Overseas Bank
IFSC Code: Ioba0002679
MICR Code: 110020125
Address: Mcf 202, Yadav Colony, Mohnar Road, Ballabhgarh
City: Faridabad
District: Faridabad
State: Haryana

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.

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 110020125.

  • In this case first three codes 110 is city code and it represents city Faridabad.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 125 represents branch. In our case branch is located at address Mcf 202, Yadav Colony, Mohnar Road, Ballabhgarh.

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.