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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Punjab
  5. Nangal Township
  6. Rupnagar
  7. MICR: 140020102

MICR Code: 140020102

Bank: Indian Overseas Bank
IFSC Code: Ioba0000578
MICR Code: 140020102
Address: 145, Rail Way Road, Nangal Township140124
City: Rupnagar
District: Nangal Township
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 140020102.

  • In this case first three codes 140 is city code and it represents city Rupnagar.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 102 represents branch. In our case branch is located at address 145, Rail Way Road, Nangal Township140124.

How to find micr code (for example 140020102) 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.