Indian Overseas Bank Aravakurichi Karur Tamil Nadu MICR CODE

Find MICR Codes for Indian Overseas Bank Aravakurichi Karur Tamil Nadu

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MICR Code
Bank Indian Overseas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Punnamchatram
Contact 0451 -2441477
Bank Details Indian Overseas Bank Punnamchatram IOBA0002374
Location Aravakurichi, Karur
City Aravakurichi
District Karur
State Tamil Nadu
Pincode 639201
Country IN
Address Sf no.748 karur to erode main road punnamchatram aravankurichi taluk karur
MICR Code
Bank Indian Overseas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pavithram
Contact 0451-2441478
Bank Details Indian Overseas Bank Pavithram IOBA0002699
Location Aravakurichi, Karur
City Aravakurichi
District Karur
State Tamil Nadu
Pincode 624301
Country IN
Address 7/77-1, coimbatore road,pavithram medu,pavithram post, karur-624301
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 karur

You can search through MICR Codes of Tamil Nadu branches in aravakurichi of District karur in Tamil Nadu 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 -

>>Pavithram >>Punnamchatram

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

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

IOB Bank MICR code in aravakurichi

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