MICR Code: 606020107

Bank: Indian Overseas Bank
IFSC Code: Ioba0002694
MICR Code: 606020107
Address: Kallakurichi Road, Sankarapuram 606401
City: Theni
District: Sankarapuram
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 606020107.

  • In this case first three codes 606 is city code and it represents city Theni.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 107 represents branch. In our case branch is located at address Kallakurichi Road, Sankarapuram 606401.

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.