MICR Code: 629020103

Bank: Indian Overseas Bank
IFSC Code: Ioba0000042
MICR Code: 629020103
Address: Nagacode Junction, Main Road, Kulasekharam, Thiruvettaru Blk, Pin 629161
City: Kanniyakumari
District: Tiruvattar
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 629020103.

  • In this case first three codes 629 is city code and it represents city Kanniyakumari.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 103 represents branch. In our case branch is located at address Nagacode Junction, Main Road, Kulasekharam, Thiruvettaru Blk, Pin 629161.

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.