MICR Code: 441020102

Bank: Indian Overseas Bank
IFSC Code: Ioba0002643
MICR Code: 441020102
Address: Arya Enclave Miskin Tank Square Mahal Road Bhandara Maharashtra 441904
City: Bhandara
District: Bhandara
State: Maharashtra

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 441020102.

  • In this case first three codes 441 is city code and it represents city Bhandara.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 102 represents branch. In our case branch is located at address Arya Enclave Miskin Tank Square Mahal Road Bhandara Maharashtra 441904.

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.