Indian Overseas Bank Angara Patna Jharkhand MICR CODE

Find MICR Codes for Indian Overseas Bank Angara Patna Jharkhand

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MICR Code
Bank Indian Overseas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kanke Road Ranchi
Contact 0651 -2231234
Bank Details Indian Overseas Bank Kanke Road Ranchi IOBA0001639
Location Angara, Patna
City Angara
District Patna
State Jharkhand
Pincode 834009
Country IN
Address Central coal fields lt kanke road, jawahar nagar ranchi pin 834009
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 patna

You can search through MICR Codes of Jharkhand branches in angara of District patna in Jharkhand 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 -

>>Kanke Road Ranchi

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

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

IOB Bank MICR code in angara

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