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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Jharkhand
  5. Ranchi
  6. Ranchi
  7. MICR: 834020008

MICR Code: 834020008

Bank: Indian Overseas Bank
IFSC Code: Ioba0002341
MICR Code: 834020008
Address: Shivangi Complex Opp Eyelex Main Road, Hinoo Ranchi, Jharkhand
City: Ranchi
District: Ranchi
State: Jharkhand

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 834020008.

  • In this case first three codes 834 is city code and it represents city Ranchi.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 008 represents branch. In our case branch is located at address Shivangi Complex Opp Eyelex Main Road, Hinoo Ranchi, Jharkhand.

How to find micr code (for example 834020008) 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.