MICR Code: 641020048

Bank: Indian Overseas Bank
IFSC Code: Ioba0000165
MICR Code: 641020048
Address: 5 By 159 Main Road, Malayandipattinam, Pollachi Tk, Kottur 642114
City: Coimbatore
District: Kottur
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 641020048.

  • In this case first three codes 641 is city code and it represents city Coimbatore.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 048 represents branch. In our case branch is located at address 5 By 159 Main Road, Malayandipattinam, Pollachi Tk, Kottur 642114.

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.