Indian Overseas Bank Vembakottai Virudhunagar Tamil Nadu MICR CODE

Find MICR Codes for Indian Overseas Bank Vembakottai 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 Vembakottai
Contact 04562 -284131
Bank Details Indian Overseas Bank Vembakottai IOBA0000747
Location Vembakottai, Virudhunagar
City Vembakottai
District Virudhunagar
State Tamil Nadu
Pincode 626131
Country IN
Address 1 / 291 sivakasi road vembakkottai pin : 626131
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 vembakottai 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 1 branches of Indian Overseas Bank are available with micr code -

>>Vembakottai

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

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

IOB Bank MICR code in vembakottai

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