MICR Code: 452020010

Bank: Indian Overseas Bank
IFSC Code: Ioba0003404
MICR Code: 452020010
Address: Kasturba Village, Asand Enclave,270, Ranibagh Colony, Village Limbodi Mp Pin 452020 Dist. Indore
City: Indore
District: Indore
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 452020010.

  • 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 010 represents branch. In our case branch is located at address Kasturba Village, Asand Enclave,270, Ranibagh Colony, Village Limbodi Mp Pin 452020 Dist. Indore.

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.