MICR Code: 620020026

Bank: Indian Overseas Bank
IFSC Code: Ioba0000611
MICR Code: 620020026
Address: Sf No 893 Main Road Near Bus Stand Nachalur Pin 639110
City: Karur
District: Nachalur
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 620020026.

  • In this case first three codes 620 is city code and it represents city Karur.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 026 represents branch. In our case branch is located at address Sf No 893 Main Road Near Bus Stand Nachalur Pin 639110.

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.