MICR Code: 390020002

Bank: Indian Overseas Bank
IFSC Code: Ioba0000105
MICR Code: 390020002
Address: 156 By 2-3 , Mehta Pole, Bank Road, Mandvi, Baroda 390 006.
City: Sonipat
District: Vadodara
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 390020002.

  • In this case first three codes 390 is city code and it represents city Sonipat.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address 156 By 2-3 , Mehta Pole, Bank Road, Mandvi, Baroda 390 006..

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.