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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Odisha
  5. Bhadrak
  6. Bhadrak
  7. MICR: 756020503

MICR Code: 756020503

Bank: Indian Overseas Bank
IFSC Code: Ioba0000937
MICR Code: 756020503
Address: Gujidarada, Gujidarada, Pin 756128
City: Bhadrak
District: Bhadrak
State: Odisha

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 756020503.

  • In this case first three codes 756 is city code and it represents city Bhadrak.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 503 represents branch. In our case branch is located at address Gujidarada, Gujidarada, Pin 756128.

How to find micr code (for example 756020503) 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.