1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Tamil Nadu
  5. Abhiramam
  6. Ramanathapuram
  7. MICR: 623020103

MICR Code: 623020103

Bank: Indian Overseas Bank
IFSC Code: Ioba0000239
MICR Code: 623020103
Address: 77 Muslim Bazaar Road Abhiramam Pin 623601
City: Ramanathapuram
District: Abhiramam
State: Tamil Nadu

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 623020103.

  • In this case first three codes 623 is city code and it represents city Ramanathapuram.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 103 represents branch. In our case branch is located at address 77 Muslim Bazaar Road Abhiramam Pin 623601.

How to find micr code (for example 623020103) 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.