Indian Overseas Bank Vandranthangal Vellore Tamil Nadu MICR CODE

Find MICR Codes for Indian Overseas Bank Vandranthangal Vellore 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 Vandranthangal
Contact 0416 -2295282
Bank Details Indian Overseas Bank Vandranthangal IOBA0001169
Location Vandranthangal, Vellore
City Vandranthangal
District Vellore
State Tamil Nadu
Pincode 632059
Country IN
Address C-19d tel quarters, vandranthangal christianpet p.o. Vandranthangal pin : 632059
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 vellore

You can search through MICR Codes of Tamil Nadu branches in vandranthangal of District vellore 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 1 branches of Indian Overseas Bank are available with micr code -

>>Vandranthangal

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

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

IOB Bank MICR code in vandranthangal

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