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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Uttarakhand
  5. Rishikesh
  6. Dehra Dun
  7. MICR: 248020502

MICR Code: 248020502

Bank: Indian Overseas Bank
IFSC Code: Ioba0002503
MICR Code: 248020502
Address: Ashirwad Bhavan, Durga Chowk, Dehradun Rishikesh Road, Uttrakhand 248140
City: Dehra Dun
District: Rishikesh
State: Uttarakhand

What is MICR Code?

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.

Details of MICR Code

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 248020502.

  • In this case first three codes 248 is city code and it represents city Dehra Dun.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 502 represents branch. In our case branch is located at address Ashirwad Bhavan, Durga Chowk, Dehradun Rishikesh Road, Uttrakhand 248140.

How to find micr code (for example 248020502) from bank account number?

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.