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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Punjab
  5. Abohar
  6. Ferozpur
  7. MICR: 152020302

MICR Code: 152020302

Bank: Indian Overseas Bank
IFSC Code: Ioba0001918
MICR Code: 152020302
Address: Bhagat Singh Chowk, Circular Road, Abohar, Pin 152116
City: Ferozpur
District: Abohar
State: Punjab

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 152020302.

  • In this case first three codes 152 is city code and it represents city Ferozpur.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 302 represents branch. In our case branch is located at address Bhagat Singh Chowk, Circular Road, Abohar, Pin 152116.

How to find micr code (for example 152020302) 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.