Indian Overseas Bank Addatheegala East Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Indian Overseas Bank Addatheegala East Godavari Andhra Pradesh

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MICR Code
Bank Indian Overseas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Royapelle
Contact 08865 -272208
Bank Details Indian Overseas Bank Royapelle IOBA0001233
Location Addatheegala, East Godavari
City Addatheegala
District East Godavari
State Andhra Pradesh
Pincode 533428
Country IN
Address 1/73 a near police station addateegala, rayapalli pin : 533428
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

Search Indian Overseas Bank MICR Codes in east godavari

You can search through MICR Codes of Andhra Pradesh branches in addatheegala of District east godavari in Andhra Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Indian Overseas Bank are available with micr code -

>>Royapelle

How to find MICR codes for Indian Overseas Bank in addatheegala?

Indian Overseas Bank addatheegala MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From IOB Bank MICR codes list for addatheegala, one can further search by branch name specified in the table. You can find MICR codes for all Indian Overseas Bank addatheegala branches.

IOB Bank MICR code in addatheegala

Indian Overseas Bank MICR code is a character recognition technology used by banks in the processing of cheques. IOB Bank MICR code for addatheegala branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Overseas Bank branches in addatheegala, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Overseas Bank MICR code for addatheegala branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Indian Overseas Bank addatheegala branch, sprinted using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. Thus MICR code for IOB Bank addatheegala branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Overseas Bank MICR codes for addatheegala branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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