MICR Code: 466020051

Bank: Indian Overseas Bank
IFSC Code: Ioba0002419
MICR Code: 466020051
Address: Near Sekdakehdi Road Sehore, Sehore District Pincode 466001 Madhya Pradesh State
City: Sehore
District: Sehore
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 466020051.

  • In this case first three codes 466 is city code and it represents city Sehore.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 051 represents branch. In our case branch is located at address Near Sekdakehdi Road Sehore, Sehore District Pincode 466001 Madhya Pradesh State.

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.