MICR Code: 682020005
| Bank: Indian Overseas Bank |
| IFSC Code: Ioba0000019 |
| MICR Code: 682020005 |
| Address: Vi 1147 Kottukulam Road Kochi Pin 682002 |
| City: Ernakulam |
| District: Kochi |
| State: Kerala |
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 682020005.
- In this case first three codes 682 is city code and it represents city Ernakulam.
- Next three characters 020 represents bank Indian Overseas Bank.
- Remaining characters which are 005 represents branch. In our case branch is located at address Vi 1147 Kottukulam Road Kochi Pin 682002.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.