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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Karnataka
  5. Kennalu
  6. Mandya
  7. MICR: 571020541

MICR Code: 571020541

Bank: Indian Overseas Bank
IFSC Code: Ioba0000286
MICR Code: 571020541
Address: Mysorek R Pet Road Pandavapura Railway Station Kennalu Pin 571435
City: Mandya
District: Kennalu
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 571020541.

  • In this case first three codes 571 is city code and it represents city Mandya.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 541 represents branch. In our case branch is located at address Mysorek R Pet Road Pandavapura Railway Station Kennalu Pin 571435.

How to find micr code (for example 571020541) 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.