MICR Code: 625020025

Bank: Indian Overseas Bank
IFSC Code: Ioba0000797
MICR Code: 625020025
Address: Main Road, Kodimangalam, Ellis Nagar Po, Madurai, Pin 625010
City: Madurai
District: Kodimangalam
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 625020025.

  • In this case first three codes 625 is city code and it represents city Madurai.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 025 represents branch. In our case branch is located at address Main Road, Kodimangalam, Ellis Nagar Po, Madurai, Pin 625010.

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.