MICR Code: 641020033

Bank: Indian Overseas Bank
IFSC Code: Ioba0001746
MICR Code: 641020033
Address: Parsn Sesh Nestle Nanjundapuram Road Coimbatore Pin 641036
City: Coimbatore
District: Nanjundapuram
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 641020033.

  • 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 033 represents branch. In our case branch is located at address Parsn Sesh Nestle Nanjundapuram Road Coimbatore Pin 641036.

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.