MICR Code: 262020702

Bank: Indian Overseas Bank
IFSC Code: Ioba0000631
MICR Code: 262020702
Address: Kutcheri Road, Kheri, Lakhimpur 262701
City: Lakhimpur Kheri
District: Lakhimpur
State: Uttar Pradesh

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 262020702.

  • In this case first three codes 262 is city code and it represents city Lakhimpur Kheri.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 702 represents branch. In our case branch is located at address Kutcheri Road, Kheri, Lakhimpur 262701.

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.