Indian Overseas Bank Rajendranagar Rangareddy Andhra Pradesh MICR CODE

Find MICR Codes for Indian Overseas Bank Rajendranagar Rangareddy Andhra Pradesh

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MICR Code
Bank Indian Overseas Bank
Business Hours
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.

Search Indian Overseas Bank MICR Codes in rangareddy

You can search through MICR Codes of Andhra Pradesh branches in rajendranagar of District rangareddy in Andhra Pradesh 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 -

>>Puppalguda

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

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

IOB Bank MICR code in rajendranagar

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