Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 395020009 belongs to Indian Overseas Bank, Pal Surat branch in Surat, Gujarat. The matching IFSC code is IOBA0003017.
How to read MICR 395020009
395: the city code. It usually follows the first digits of the area's PIN code; here it is Surat.
020: the bank code, the same for every branch of Indian Overseas Bank in cheque clearing.
009: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (IOBA0003017 for this branch).
Before you deposit or write a cheque
Check that the MICR on the cheque matches the branch printed at the top of the leaf.
Use a CTS-2010 cheque; older formats are no longer cleared.
Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 395020009 belong to?
Indian Overseas Bank, Pal Surat branch (Surat, Gujarat).
What is the IFSC code for MICR 395020009?
IOBA0003017.
What do the digits of 395020009 mean?
395 is the city code, 020 the bank code and 009 the branch code.
