Indian Overseas Bank Visakhapatnam Vishakapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Indian Overseas Bank Visakhapatnam Vishakapatnam Andhra Pradesh

↻ Reload
MICR Code
Bank Indian Overseas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Visakhapatnam
Contact P Suresh Kumar, Senior Manager, Indian Overseas Bank, Funds Department, Central Office,
Bank Details Indian Overseas Bank Visakhapatnam IOBA0000121
Location Visakhapatnam, Vishakapatnam
City Visakhapatnam
District Vishakapatnam
State Andhra Pradesh
Pincode 530016
Country IN
Address 47-15-12;station road;dwaraka nagar;visakhapatnam;530016
MICR Code
Bank Indian Overseas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jagadamba Centre
Contact P Suresh Kumar, Senior Manager, Indian Overseas Bank, Funds Department, Central Office,
Bank Details Indian Overseas Bank Jagadamba Centre IOBA0001446
Location Visakhapatnam, Vishakapatnam
City Visakhapatnam
District Vishakapatnam
State Andhra Pradesh
Pincode 531020
Country IN
Address 28-1-1/2;daba gardens;visakhapattinam;531020
of 3
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 vishakapatnam

You can search through MICR Codes of Andhra Pradesh branches in visakhapatnam of District vishakapatnam 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 6 branches of Indian Overseas Bank are available with micr code -

>>Akkayyapalem >>Jagadamba Centre >>Satara >>Visakhapatnam >>Visakhapatnam Madhavadhara >>Vuda Visakhapatnam

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

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

IOB Bank MICR code in visakhapatnam

Indian Overseas Bank MICR code is a character recognition technology used by banks in the processing of cheques. IOB Bank MICR code for visakhapatnam 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 visakhapatnam, 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 visakhapatnam 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 visakhapatnam 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 visakhapatnam branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Overseas Bank MICR codes for visakhapatnam branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

Copied!