MICR Code: 560020025

Bank: Indian Overseas Bank
IFSC Code: Ioba0001654
MICR Code: 560020025
Address: No. 4 1 St Floor, Sreeraj Complex Begur Main Road, Bommanahalli Bangalore 560068
City: Bangalore Urban
District: Bommanahalli
State: Karnataka

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 560020025.

  • In this case first three codes 560 is city code and it represents city Bangalore Urban.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 025 represents branch. In our case branch is located at address No. 4 1 St Floor, Sreeraj Complex Begur Main Road, Bommanahalli Bangalore 560068.

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.