Indian Overseas Bank Bommidi Dharmapuri Tamil Nadu MICR CODE

Find MICR Codes for Indian Overseas Bank Bommidi Dharmapuri 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 Tirupatthur Gandhipet
Contact 04179 227666
Bank Details Indian Overseas Bank Tirupatthur Gandhipet IOBA0001884
Location Bommidi, Dharmapuri
City Bommidi
District Dharmapuri
State Tamil Nadu
Pincode 635301
Country IN
Address 72 / 14 palanisamy road, gandhipet, tirupathur, pin : 635301
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 dharmapuri

You can search through MICR Codes of Tamil Nadu branches in bommidi of District dharmapuri 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 1 branches of Indian Overseas Bank are available with micr code -

>>Tirupatthur Gandhipet

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

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

IOB Bank MICR code in bommidi

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