Indian Overseas Bank Nallipalayam Nammakkal Tamil Nadu MICR CODE

Find MICR Codes for Indian Overseas Bank Nallipalayam Nammakkal 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 Thummankurichi
Contact 04286-280911
Bank Details Indian Overseas Bank Thummankurichi IOBA0002406
Location Nallipalayam, Nammakkal
City Nallipalayam
District Nammakkal
State Tamil Nadu
Pincode 637003
Country IN
Address Namakkal collectorate complex thummankurichi nallipalayam (p o ) namakkal pincode – 637003 namakkal district tamil nadu state
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 nammakkal

You can search through MICR Codes of Tamil Nadu branches in nallipalayam of District nammakkal 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 -

>>Thummankurichi

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

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

IOB Bank MICR code in nallipalayam

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