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Indian Overseas Bank Maharashtra MICR CODE

Find MICR Codes for Indian Overseas Bank Maharashtra

MICR Code
Bank Indian Overseas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Fort
Contact J Senthil Kumar, Manager, Indian Overseas Bank, Cppd, Co
Bank Details Indian Overseas Bank Fort IOBA0000014
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400023
Country IN
Address 2/10 elphinstone building veernariman road,horniman circle fort,mumbai-400023
MICR Code
Bank Indian Overseas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mahim Mumbai.
Contact P Suresh Kumar, Senior Manager, Indian Overseas Bank, Funds Department, Central Office, Phone-044-28519488, Email:Funds@iobnet.Co.In
Bank Details Indian Overseas Bank Mahim Mumbai. IOBA0000051
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400016
Country IN
Address 378 sadhana lady jamshedji road, mahim mumbai pin : 400016
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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 Maharashtra

You can search through MICR Codes of Indian Overseas Bank in Maharashtra State! Reserve Bank of India publishes updated MICR Codes for IOB Bank from time to time on their website, and we are doing our best in updating information of Overseas Bank MICR Codes.

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

MICR codes for Indian Overseas Bank in Maharashtra are given in the table alongside. Address, contact numbers and other details are also provided along with the MICR code. Narrow down your search either by selecting any particular district from the drop down list or by selecting the district from IOB Bank MICR codes list given on the right side. One can find MICR codes for all Overseas Bank branches in Maharashtra here.

IOB Bank MICR code in Maharashtra

Indian Overseas Bank MICR code in Maharashtra state is a standard 9 digit code printed on cheques using a special type of ink. This ink or toner is magnetic and contains iron oxide. IOB Bank MICR number includes the document type indicator, bank code, cheque number, etc. This code is used to identify bank and account information to which the cheque belongs. The main purpose of Overseas Bank MICR code for Maharashtra branches is to make clearance process of cheques faster and without errors.

Why is IOB Bank MICR code for Maharashtra branches used for clearing of cheques?

The IOB Bank MICR code for Maharashtra branches allows the cheque information to be read automatically by passing it before an MICR reader. Each character produces a specific pattern which can be easily identified. Indian Overseas Bank Maharashtra MICR code uses typically either of these two fonts E-138 and CMC-7. The MICR technology makes the characters legible even if they are obscured by stamps and signatures. This code is used By RBI (Reserve bank Of India) in clearing process to identify the branch and bank. The principal purpose of Overseas Bank MICR code for Maharashtra branches is to print accounting and routing information on cheques and other documents in a machine readable format in order to speed up the clearing process.