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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Madhya Pradesh
  5. Shivpuri
  6. Chhindwara
  7. MICR: 473020051

MICR Code: 473020051

Bank: Indian Overseas Bank
IFSC Code: Ioba0002420
MICR Code: 473020051
Address: Ram Arcade Jhansi Tiraha A B Road, Shivpuri Shivpuri District, Pin 473551 Madhya Pradesh State
City: Chhindwara
District: Shivpuri
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 473020051.

  • In this case first three codes 473 is city code and it represents city Chhindwara.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 051 represents branch. In our case branch is located at address Ram Arcade Jhansi Tiraha A B Road, Shivpuri Shivpuri District, Pin 473551 Madhya Pradesh State.

How to find micr code (for example 473020051) 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.