Indian Overseas Bank Hyderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for Indian Overseas Bank Hyderabad Hyderabad Urban Andhra Pradesh

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MICR Code
Bank Indian Overseas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hyderabad
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 Hyderabad IOBA0000030
Location Hyderabad, Hyderabad Urban
City Hyderabad
District Hyderabad Urban
State Andhra Pradesh
Pincode 500095
Country IN
Address 104/1, abids to koti road, sultan bazar, hyderabad 500095
MICR Code
Bank Indian Overseas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Begumbazar
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 Begumbazar IOBA0000336
Location Hyderabad, Hyderabad Urban
City Hyderabad
District Hyderabad Urban
State Andhra Pradesh
Pincode 500012
Country IN
Address 15-7-257, i floor, begum bazar, hyderabad 500012
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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 hyderabad urban

You can search through MICR Codes of Andhra Pradesh branches in hyderabad of District hyderabad urban in Andhra Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

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

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

IOB Bank MICR code in hyderabad

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