Indian Overseas Bank Jaipur Jaipur Rajasthan MICR CODE

Find MICR Codes for Indian Overseas Bank Jaipur Jaipur Rajasthan

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MICR Code	-NA-
Bank	Indian Overseas Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Jagatpura
Contact	141-4032945
Bank Details	Indian Overseas Bank Jagatpura IOBA0003820

Location	Jaipur, Jaipur
City	Jaipur
District	Jaipur
State	Rajasthan
Pincode	302017
Country	IN
Address	Capital high street, cpi-231, shop no-e-lgf-05, 06, 07, 08, 09, 10 apparel park, riico industrial area, main mahal road, jaipur rajasthan-302017

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.

How does MICR code 0 for Jagatpura branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of IOB Bank, Jagatpura branch makes the system almost error free and faster. Use of IOB Bank MICR codes for Jagatpura branch, makes the characters readable even if there are other marks and stamps on it.

A total of 16 branches of Indian Overseas Bank are available with micr code -

>>Bani Park Jaipur >>Chandpole >>Jagatpura >>Jaipur Ajmer Road >>Jaipur C Scheme >>Jaipur Main (M.I.Road) >>Jaipur Sitapura Industrial Area >>Malviya Nagar Jaipur >>Manasarovar >>Manchwa >>R.O.Jaipur >>Sikar Road >>Sriganganagar >>Tilak Nagar Jaipur >>Vaishali Nagar Jaipur >>Vidhya Dhar Nagar Jaipur

MICR code for Indian Overseas Bank Jagatpura

Indian Overseas Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. IOB Bank MICR code for Jagatpura is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of Overseas Bank for Jagatpura branch. MICR code for Jagatpura branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for IOB Bank Jagatpura is presented in the table alongside.

Use of IOB Bank MICR code for Jagatpura branch in jaipur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Jagatpura and IOB Bank bank for clearing processes. The MICR characters, which are printed 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. MICR code of Overseas Bank is typically in either of these two font’s: E-138 and CMC-7.

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