Indian Overseas Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Indian Overseas Bank Bangalore Bangalore Urban Karnataka

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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	Peenya Industrial Estate
Contact
Bank Details	Indian Overseas Bank Peenya Industrial Estate IOBA0003746

Location	Bangalore, Bangalore Urban
City	Bangalore
District	Bangalore Urban
State	Karnataka
Pincode	560058
Country	IN
Address	D 436 10th main near bhattara hotel peenya ii stage bengaluru 560058

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

A total of 53 branches of Indian Overseas Bank are available with micr code -

>>Appareddypalaya I.S.R.O.View. >>Banashankariiistage >>Bangalore City >>Bangalore Kothanur >>Bangalore Large Corporate >>Bangalore Mahalakshmipuram >>Bangalore Mid Corporate >>Bangalore Nbgm Office >>Bangalore Padmanabha Nagar >>Bangalore Sampaige Road >>Bangalorecantonment >>Bannerghattaroadbangalore >>Basavanagudi >>Bilekahalli >>Brooke Fields >>Central Business District >>Coxtown >>Devasandra >>Eastendmainroad.Bangalore >>Electronic City >>Hrbrlayout >>Hsr Layout Bangalore >>Hullahalli Ck Palya >>Indiranagarbangalore >>J.P.Nagar >>Jayanagar 7Thblock >>Jayanagarvblockbangalore >>Kanakanagara >>Kanakapuraroadbangalore >>Koramangalalayout >>Kumaraparkbangalore >>Machahalli >>Malleswaram >>Malleswaram >>Nagashettihalli >>Peenya Industrial Estate >>R.O.Bangalore >>R.T.Nagar >>Rajarajeshwarinagar >>Residencyroadbangalore >>Sahakarnagar >>Shantinagar >>Singanayakanahalli >>Sivanchettygarden >>Sme Processing Centre Bangalore >>Somanahalli >>Sunkadakatt >>Thathaguni >>Vellore >>Vidyaranyapura >>Vignananagar >>Vijayanagara >>Yelahanka

MICR code for Indian Overseas Bank Peenya Industrial Estate

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 Peenya Industrial Estate 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 Peenya Industrial Estate branch. MICR code for Peenya Industrial Estate 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 Peenya Industrial Estate is presented in the table alongside.

Use of IOB Bank MICR code for Peenya Industrial Estate branch in bangalore

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

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