Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 110020058 belongs to Indian Overseas Bank, Ghaziabadshalimar Garden branch in Ghaziabad, Uttar Pradesh. The matching IFSC code is IOBA0001634.
How to read MICR 110020058
110: the city code. It usually follows the first digits of the area's PIN code; here it is Ghaziabad.
020: the bank code, the same for every branch of Indian Overseas Bank in cheque clearing.
058: 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 (IOBA0001634 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 110020058 belong to?
Indian Overseas Bank, Ghaziabadshalimar Garden branch (Ghaziabad, Uttar Pradesh).
What is the IFSC code for MICR 110020058?
IOBA0001634.
What do the digits of 110020058 mean?
110 is the city code, 020 the bank code and 058 the branch code.
