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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Himachal Pradesh
  5. Baddi
  6. Solan
  7. MICR: 160020015

MICR Code: 160020015

Bank: Indian Overseas Bank
IFSC Code: Ioba0002182
MICR Code: 160020015
Address: S.C.O 5 Krishna Complex Sai Road Baddi Pin 173205 Dist Solan
City: Solan
District: Baddi
State: Himachal Pradesh

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 160020015.

  • In this case first three codes 160 is city code and it represents city Solan.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 015 represents branch. In our case branch is located at address S.C.O 5 Krishna Complex Sai Road Baddi Pin 173205 Dist Solan.

How to find micr code (for example 160020015) 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.