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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Rajasthan
  5. Newai
  6. Tonk
  7. MICR: 304020025

MICR Code: 304020025

Bank: Indian Overseas Bank
IFSC Code: Ioba0002539
MICR Code: 304020025
Address: Near Nagar Palika, Jaipur Kota Road, Jamat Newai, Tonk
City: Tonk
District: Newai
State: Rajasthan

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 304020025.

  • In this case first three codes 304 is city code and it represents city Tonk.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 025 represents branch. In our case branch is located at address Near Nagar Palika, Jaipur Kota Road, Jamat Newai, Tonk.

How to find micr code (for example 304020025) 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.