Indian Overseas Bank Marambadi Dindigul Tamil Nadu MICR CODE

Find MICR Codes for Indian Overseas Bank Marambadi Dindigul 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 Marambadi
Contact 04551 -261245
Bank Details Indian Overseas Bank Marambadi IOBA0001221
Location Marambadi, Dindigul
City Marambadi
District Dindigul
State Tamil Nadu
Pincode 624709
Country IN
Address Flood memorial buildings marambadi, thadicombu (via) vedasandur taluk pin 624709
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 dindigul

You can search through MICR Codes of Tamil Nadu branches in marambadi of District dindigul 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 -

>>Marambadi

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

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

IOB Bank MICR code in marambadi

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