MICR Code: 110020112

Bank: Indian Overseas Bank
IFSC Code: Ioba0002366
MICR Code: 110020112
Address: 15 By 16 Sector 15 Vasundhara Ghaziabad
City: Etah
District: Vasundhara
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 110020112.

  • In this case first three codes 110 is city code and it represents city Etah.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 112 represents branch. In our case branch is located at address 15 By 16 Sector 15 Vasundhara Ghaziabad.

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.