MICR Code: 636020008

Bank: Indian Overseas Bank
IFSC Code: Ioba0000953
MICR Code: 636020008
Address: 377 By 2, Cuddalore Main Road, Holy Cross School 1 Gate, Udayapatti Pin 636014
City: Salem
District: Udayapatti
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 636020008.

  • In this case first three codes 636 is city code and it represents city Salem.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 008 represents branch. In our case branch is located at address 377 By 2, Cuddalore Main Road, Holy Cross School 1 Gate, Udayapatti Pin 636014.

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.