Indian Overseas Bank Madurai Madurai Tamil Nadu MICR CODE

Find MICR Codes for Indian Overseas Bank Madurai Madurai Tamil Nadu

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Indian Overseas Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kottampatti
Contact	-
Bank Details	Indian Overseas Bank Kottampatti IOBA0003902

Location	Madurai, Madurai
City	Madurai
District	Madurai
State	Tamil Nadu
Pincode	625103
Country	IN
Address	Survey no 244/2c2,patta no 1499,near to kottampatti bus stand,kottampatti,melur taluk,madurai 625103

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 Kottampatti 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, Kottampatti branch makes the system almost error free and faster. Use of IOB Bank MICR codes for Kottampatti branch, makes the characters readable even if there are other marks and stamps on it.

A total of 37 branches of Indian Overseas Bank are available with micr code -

>>Anuppanadi >>Aravind Eye Hospital Madurai >>Arignar Anna Nagar >>Arm Madurai >>Cantonment >>District Court Madurai >>Ellis Nagar >>Kadachanendal >>Kilakuyilkudi >>Koodal Nagar >>Kottampatti >>Madurai >>Madurai Bullion Bazaar >>Madurai Bye Pass Road >>Madurai Chatrapatti >>Madurai Chokkikulam >>Madurai Eighty Feet Road Branch Kk Nagar >>Madurai K Pudur >>Madurai Kamarajar Salai >>Madurai Medical College >>Madurai Meenakshi College >>Madurai Melur >>Madurai N.V.Street >>Madurai South Masi Steet >>Madurai Teppakulam >>Madurai Visalakshipuram >>Madurai West Avani Moola Street >>Maninagaram >>Mid Corporate Madurai >>Narayanapuram >>Palanganatham >>Paravai >>Perungudi Madurai >>R.O.Madurai >>Rajagamberam >>Rapid Retail Center >>Silaiman

MICR code for Indian Overseas Bank Kottampatti

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 Kottampatti 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 Kottampatti branch. MICR code for Kottampatti 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 Kottampatti is presented in the table alongside.

Use of IOB Bank MICR code for Kottampatti branch in madurai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kottampatti 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.

Copied!