Indian Overseas Bank Sheoraphuli (IOB)
Sheoraphuli · Kolkata, West Bengal
700020046 is the MICR code for the Sheoraphuli branch of Indian Overseas Bank, located in Kolkata, West Bengal. 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 IOBA0001553.
Bank
Indian Overseas Bank
Branch & Address
Sheoraphuli
Plot no 12, Nistarini Super Market, 1 Floor, G T Road, Sheoraphuli, PIN 712223
Kolkata, Kolkata, West Bengal
Contact
2459257MICR Code Structure
700
City
020
Bank
046
Branch
City code 700 identifies the RBI clearing centre, bank code 020 identifies Indian Overseas Bank, and branch code 046 identifies this specific branch.
Online Payment Methods Supported
Other Indian Overseas Bank (IOB) branches near Kolkata
Other banks in Kolkata, West Bengal
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 (IOBA0001553) 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 700020046 is in the middle, and your account number is on the right.