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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Karnataka
  5. Devanahalli
  6. Bangalore Rural
  7. MICR: 560020033

MICR Code: 560020033

Bank: Indian Overseas Bank
IFSC Code: Ioba0002224
MICR Code: 560020033
Address: 1 St Floor, Surabhi Complex, Prashanthnagar, Devanahalli, Bangalore, Pin 562110
City: Bangalore Rural
District: Devanahalli
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 560020033.

  • In this case first three codes 560 is city code and it represents city Bangalore Rural.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 033 represents branch. In our case branch is located at address 1 St Floor, Surabhi Complex, Prashanthnagar, Devanahalli, Bangalore, Pin 562110.

How to find micr code (for example 560020033) 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.