Indian Overseas Bank Muvattupuzha Ernakulam Kerala MICR CODE

Find MICR Codes for Indian Overseas Bank Muvattupuzha Ernakulam Kerala

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MICR Code
Bank Indian Overseas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Muvattupuzha
Contact 0485 2833607
Bank Details Indian Overseas Bank Muvattupuzha IOBA0001916
Location Muvattupuzha, Ernakulam
City Muvattupuzha
District Ernakulam
State Kerala
Pincode 686661
Country IN
Address Charipuram complex, i floor, college road, muvattupuzha, ernakulam
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 ernakulam

You can search through MICR Codes of Kerala branches in muvattupuzha of District ernakulam in Kerala 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 -

>>Muvattupuzha

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

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

IOB Bank MICR code in muvattupuzha

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