MICR Code: 133020002

Bank: Indian Overseas Bank
IFSC Code: Ioba0000335
MICR Code: 133020002
Address: 5357 By 8 Sudershan Tower Punjab Mohalla Nicklson Road Ambala Cantonment Pin 133011
City: Hoshiarpur
District: Ambala Jattan
State: Punjab

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 133020002.

  • In this case first three codes 133 is city code and it represents city Hoshiarpur.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address 5357 By 8 Sudershan Tower Punjab Mohalla Nicklson Road Ambala Cantonment Pin 133011.

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.