Indian Overseas Bank Baghpat (IOB)
Baghpat · Baghpat, Uttar Pradesh
250020010 is the MICR code for the Baghpat branch of Indian Overseas Bank, located in Baghpat, Uttar Pradesh. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code IOBA0004007.
Bank
Indian Overseas Bank
Branch & Address
Baghpat
Gf, Csr Plaza, Opposite Master Colony Gate, Chamrawal Road, Near SBI RO
Baghpat, Baghpat, Uttar Pradesh
Contact
+918925804007MICR Code Structure
250
City
020
Bank
010
Branch
City code 250 identifies the RBI clearing centre, bank code 020 identifies Indian Overseas Bank, and branch code 010 identifies this specific branch.
Online Payment Methods Supported
Other Indian Overseas Bank (IOB) branches near Baghpat
Other banks in Baghpat, Uttar Pradesh
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (IOBA0004007) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 250020010 is in the middle, and your account number is on the right.