MICR Code: 477020001

Bank: Indian Overseas Bank
IFSC Code: Ioba0002656
MICR Code: 477020001
Address: House No 363 Ward No 12 Gwalior Main Road Bhind Madhya Pradesh 477001
City: Bhind
District: Bhind
State: Madhya Pradesh

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 477020001.

  • In this case first three codes 477 is city code and it represents city Bhind.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 001 represents branch. In our case branch is located at address House No 363 Ward No 12 Gwalior Main Road Bhind Madhya Pradesh 477001.

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.