Indian Overseas Bank Churu (IOB)
Churu · Churu, Rajasthan
331020002 is the MICR code for the Churu branch of Indian Overseas Bank, located in Churu, Rajasthan. 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 IOBA0004009.
Bank
Indian Overseas Bank
Branch & Address
Churu
Plot No. A-10, Sainik Basti, Bhaleri Road, District- Churu, State- Rajasthan, Pin-331001
Churu, Churu, Rajasthan
MICR Code Structure
331
City
020
Bank
002
Branch
City code 331 identifies the RBI clearing centre, bank code 020 identifies Indian Overseas Bank, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other Indian Overseas Bank (IOB) branches near Churu
Other banks in Churu, Rajasthan
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 (IOBA0004009) 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 331020002 is in the middle, and your account number is on the right.