MICR Code: 600020159

Bank: Indian Overseas Bank
IFSC Code: Ioba0001941
MICR Code: 600020159
Address: 2 By 522 Medavakkam Main Road Kovilambakkam Chennai Pin 600117
City: Kancheepuram
District: Tambaram
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 600020159.

  • In this case first three codes 600 is city code and it represents city Kancheepuram.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 159 represents branch. In our case branch is located at address 2 By 522 Medavakkam Main Road Kovilambakkam Chennai Pin 600117.

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.