Indian Overseas Bank Doom Dooma Tinsukia Assam MICR CODE

Find MICR Codes for Indian Overseas Bank Doom Dooma Tinsukia Assam

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MICR Code
Bank Indian Overseas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Doomdooma
Contact 0361-2464397,2464904
Bank Details Indian Overseas Bank Doomdooma IOBA0002946
Location Doom Dooma, Tinsukia
City Doom Dooma
District Tinsukia
State Assam
Pincode 786171
Country IN
Address Opp arora cinema market complex uchamati po doomdomma tinsukia assam 786171
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.

How does MICR code 0 for Doomdooma branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of IOB Bank, Doomdooma branch makes the system almost error free and faster. Use of IOB Bank MICR codes for Doomdooma branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Doomdooma

MICR code for Indian Overseas Bank Doomdooma

Indian Overseas Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IOB Bank MICR code for Doomdooma is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of Overseas Bank for Doomdooma branch. MICR code for Doomdooma branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for IOB Bank Doomdooma is presented in the table alongside.

Use of IOB Bank MICR code for Doomdooma branch in doom dooma

The MICR code 0 is used in RBI cheque clearing process to identify the branch Doomdooma and IOB Bank bank for clearing processes. The MICR characters, which are printed 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. MICR code of Overseas Bank is typically in either of these two font’s: E-138 and CMC-7.

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