Indian Overseas Bank Pandalam Pathanamthitta Kerala MICR CODE

Find MICR Codes for Indian Overseas Bank Pandalam Pathanamthitta Kerala

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MICR Code
Bank Indian Overseas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pandalam
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 Pandalam IOBA0000716
Location Pandalam, Pathanamthitta
City Pandalam
District Pathanamthitta
State Kerala
Pincode 689501
Country IN
Address I floor m v k complex pandalam junction, pandalam h p o pandalam pin : 689501
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 pathanamthitta

You can search through MICR Codes of Kerala branches in pandalam of District pathanamthitta 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 -

>>Pandalam

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

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

IOB Bank MICR code in pandalam

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