MICR Code: 756020507

Bank: Indian Overseas Bank
IFSC Code: Ioba0003795
MICR Code: 756020507
Address: Plot No 857 1569 At Po Aradi Via Dhusuri Pin Code 756138
City: Bhadrak
District: Bhadrak
State: Odisha

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 756020507.

  • 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 507 represents branch. In our case branch is located at address Plot No 857 1569 At Po Aradi Via Dhusuri Pin Code 756138.

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.