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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Madhya Pradesh
  5. Indore
  6. Indore
  7. MICR: 452020008

MICR Code: 452020008

Bank: Indian Overseas Bank
IFSC Code: Ioba0003130
MICR Code: 452020008
Address: 41 Shakambari Avenue Colony, Nr Rishiraj College, Village Bhawrasla, Off Shri Aurbindo S O, Dindo 453555
City: Indore
District: Indore
State: Madhya Pradesh

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 452020008.

  • In this case first three codes 452 is city code and it represents city Indore.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 008 represents branch. In our case branch is located at address 41 Shakambari Avenue Colony, Nr Rishiraj College, Village Bhawrasla, Off Shri Aurbindo S O, Dindo 453555.

How to find micr code (for example 452020008) 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.