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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Maharashtra
  5. Latur
  6. Latur
  7. MICR: 413020052

MICR Code: 413020052

Bank: Indian Overseas Bank
IFSC Code: Ioba0002262
MICR Code: 413020052
Address: Opp Tehsil Office Main Raod Latur 413512
City: Latur
District: Latur
State: Maharashtra

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 413020052.

  • In this case first three codes 413 is city code and it represents city Latur.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 052 represents branch. In our case branch is located at address Opp Tehsil Office Main Raod Latur 413512.

How to find micr code (for example 413020052) 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.