Indian Overseas Bank Ambala Ambala Haryana MICR CODE

Find MICR Codes for Indian Overseas Bank Ambala Ambala Haryana

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MICR Code
Bank Indian Overseas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ambala City
Contact P Suresh Kumar, Senior Manager, Indian Overseas Bank, Funds Department, Central Office, Phone-044-28519488, Email:Funds@iobnet.Co.In
Bank Details Indian Overseas Bank Ambala City IOBA0001630
Location Ambala, Ambala
City Ambala
District Ambala
State Haryana
Pincode 134003
Country IN
Address 3 & 4 near police lines civil lines ambala city pin : 134003
MICR Code
Bank Indian Overseas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ambala Army Public School Ec
Contact 2793014
Bank Details Indian Overseas Bank Ambala Army Public School Ec IOBA0006842
Location Ambala, Ambala
City Ambala
District Ambala
State Haryana
Pincode 133001
Country IN
Address Ambala army public school 90 alexandra road ambala contonment 133 001
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 ambala

You can search through MICR Codes of Haryana branches in ambala of District ambala in Haryana State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 2 branches of Indian Overseas Bank are available with micr code -

>>Ambala Army Public School Ec >>Ambala City

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

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

IOB Bank MICR code in ambala

Indian Overseas Bank MICR code is a character recognition technology used by banks in the processing of cheques. IOB Bank MICR code for ambala 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 ambala, 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 ambala 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 ambala 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 ambala branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Overseas Bank MICR codes for ambala 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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