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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Karnataka
  5. Hospet
  6. Bellary
  7. MICR: 583020202

MICR Code: 583020202

Bank: Indian Overseas Bank
IFSC Code: Ioba0003019
MICR Code: 583020202
Address: Besides Sbi Near Priyadarshini Hotel Station Road Hospet
City: Bellary
District: Hospet
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 583020202.

  • In this case first three codes 583 is city code and it represents city Bellary.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 202 represents branch. In our case branch is located at address Besides Sbi Near Priyadarshini Hotel Station Road Hospet.

How to find micr code (for example 583020202) 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.