MICR Code: 686020005

Bank: Indian Overseas Bank
IFSC Code: Ioba0003458
MICR Code: 686020005
Address: S K M Buildings, Near Petrol Pump Church Road, Puthupally, Kottayam-686011
City: Kottayam
District: Kottayam
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 686020005.

  • In this case first three codes 686 is city code and it represents city Kottayam.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 005 represents branch. In our case branch is located at address S K M Buildings, Near Petrol Pump Church Road, Puthupally, Kottayam-686011.

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.