Indian Overseas Bank Sattur Virudhunagar Tamil Nadu MICR CODE

Find MICR Codes for Indian Overseas Bank Sattur Virudhunagar 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 Sattur
Contact P Suresh Kumar, Senior Manager, Indian Overseas Bank, Funds Department, Central Office,
Bank Details Indian Overseas Bank Sattur IOBA0001018
Location Sattur, Virudhunagar
City Sattur
District Virudhunagar
State Tamil Nadu
Pincode 626203
Country IN
Address 347;sriram lodge buildings;kovilpatti main road;sattur;626203
MICR Code
Bank Indian Overseas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sevalpatti
Contact
Bank Details Indian Overseas Bank Sevalpatti IOBA0002766
Location Sattur, Virudhunagar
City Sattur
District Virudhunagar
State Tamil Nadu
Pincode 626140
Country IN
Address Middle street,sevalpatti,sattur taluk - 626140
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 virudhunagar

You can search through MICR Codes of Tamil Nadu branches in sattur of District virudhunagar 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 2 branches of Indian Overseas Bank are available with micr code -

>>Sattur >>Sevalpatti

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

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

IOB Bank MICR code in sattur

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