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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Karnataka
  5. Channarayapatt
  6. Bangalore Rural
  7. MICR: 573020052

MICR Code: 573020052

Bank: Indian Overseas Bank
IFSC Code: Ioba0002558
MICR Code: 573020052
Address: Akshatha Complex Opp, Choudeshwari Petrol Bunk B M Road, Channarayapatna
City: Bangalore Rural
District: Channarayapatt
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 573020052.

  • In this case first three codes 573 is city code and it represents city Bangalore Rural.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 052 represents branch. In our case branch is located at address Akshatha Complex Opp, Choudeshwari Petrol Bunk B M Road, Channarayapatna.

How to find micr code (for example 573020052) 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.