Indian Overseas Bank Rajendranagar Rangareddy Andhra Pradesh MICR CODE

Find MICR Codes for Indian Overseas Bank Rajendranagar Rangareddy Andhra Pradesh

Bank	↻ Reload
State
District
City
Branch
Address

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	Puppalguda
Contact	040 23468872
Bank Details	Indian Overseas Bank Puppalguda IOBA0003230

Location	Rajendranagar, Rangareddy
City	Rajendranagar
District	Rangareddy
State	Andhra Pradesh
Pincode	500089
Country	IN
Address	Before govt zilla parishad high school,manikonda(v), rajendra nagar(m), rangareddy dist hyderabad 500089

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

A total of 1 branches of Indian Overseas Bank are available with micr code -

>>Puppalguda

MICR code for Indian Overseas Bank Puppalguda

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 Puppalguda 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 Puppalguda branch. MICR code for Puppalguda 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 Puppalguda is presented in the table alongside.

Use of IOB Bank MICR code for Puppalguda branch in rajendranagar

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

Copied!