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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Maharashtra
  5. Pune
  6. Pune
  7. MICR: 411020023

MICR Code: 411020023

Bank: Indian Overseas Bank
IFSC Code: Ioba0002741
MICR Code: 411020023
Address: Mahalaxmi Towers,S No 211 Cts No 1041 To 1060 Pune Nasik Road, Bhosari Pin 411039, Pune, Maharashtra
City: Pune
District: Pune
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 411020023.

  • In this case first three codes 411 is city code and it represents city Pune.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 023 represents branch. In our case branch is located at address Mahalaxmi Towers,S No 211 Cts No 1041 To 1060 Pune Nasik Road, Bhosari Pin 411039, Pune, Maharashtra.

How to find micr code (for example 411020023) 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.