MICR Code: 632020307

Bank: Indian Overseas Bank
IFSC Code: Ioba0003761
MICR Code: 632020307
Address: 40 M C Road Service Road Pallikonda Anaicut Taluk Vellore Dist Tamilnadu 635809
City: Vellore
District: Pallikonda
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 632020307.

  • In this case first three codes 632 is city code and it represents city Vellore.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 307 represents branch. In our case branch is located at address 40 M C Road Service Road Pallikonda Anaicut Taluk Vellore Dist Tamilnadu 635809.

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.