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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Karnataka
  5. Abburkatte
  6. Kodagu
  7. MICR: 571020521

MICR Code: 571020521

Bank: Indian Overseas Bank
IFSC Code: Ioba0000134
MICR Code: 571020521
Address: Main Road Pollibetta, South Coorg Pollibetta Pin 571215
City: Kodagu
District: Abburkatte
State: Karnataka

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 571020521.

  • In this case first three codes 571 is city code and it represents city Kodagu.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 521 represents branch. In our case branch is located at address Main Road Pollibetta, South Coorg Pollibetta Pin 571215.

How to find micr code (for example 571020521) 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.