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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. West Bengal
  5. Sahid Matangini
  6. East Midnapore
  7. MICR: 721020701

MICR Code: 721020701

Bank: Indian Overseas Bank
IFSC Code: Ioba0001164
MICR Code: 721020701
Address: P.S. Tamluk, Mahisda Village, Dermarihat, Pin 721668
City: East Midnapore
District: Sahid Matangini
State: West Bengal

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 721020701.

  • In this case first three codes 721 is city code and it represents city East Midnapore.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 701 represents branch. In our case branch is located at address P.S. Tamluk, Mahisda Village, Dermarihat, Pin 721668.

How to find micr code (for example 721020701) 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.