MICR Code: 572020511

Bank: Indian Overseas Bank
IFSC Code: Ioba0000900
MICR Code: 572020511
Address: Vokkaligarasangha Complex, B M Road, Kunigal572130
City: Tumkur
District: Kunigal
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 572020511.

  • In this case first three codes 572 is city code and it represents city Tumkur.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 511 represents branch. In our case branch is located at address Vokkaligarasangha Complex, B M Road, Kunigal572130.

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.