MICR Code: 621020502

Bank: Indian Overseas Bank
IFSC Code: Ioba0000790
MICR Code: 621020502
Address: 4 By 95 Upstairs, Main Road, Kulamanickam, Pin 621722
City: Tiruchirapalli
District: Kariyamanickam
State: Tamil Nadu

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 621020502.

  • In this case first three codes 621 is city code and it represents city Tiruchirapalli.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 502 represents branch. In our case branch is located at address 4 By 95 Upstairs, Main Road, Kulamanickam, Pin 621722.

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.