Indian Overseas Bank Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for Indian Overseas Bank Vadodara Vadodara Gujarat

Bank
State
District
City
Branch
Address

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	Kareli Baug Vadodara
Contact	0265-2461539
Bank Details	Indian Overseas Bank Kareli Baug Vadodara IOBA0001869

Location	Vadodara, Vadodara
City	Vadodara
District	Vadodara
State	Gujarat
Pincode	390018
Country	IN
Address	Ist floor, status complex, jyoti park society, water tank main road kareli baug, baroda pin : 390018

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 Kareli Baug Vadodara 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, Kareli Baug Vadodara branch makes the system almost error free and faster. Use of IOB Bank MICR codes for Kareli Baug Vadodara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of Indian Overseas Bank are available with micr code -

>>Akota >>Alkapuri Baroda >>Baroda >>City Back Office Vadodara >>Dandia Bazaar Baroda >>Jawahar Nagar >>Kareli Baug Vadodara >>Makarpura >>Mid Corporate >>Rapid Retail Centre Baroda >>Sayajigunj >>Vadodara >>Vadodara Manjalpur >>Vadodara Subhanpura >>Vasna Road Splzd Pers Bkg

MICR code for Indian Overseas Bank Kareli Baug Vadodara

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 Kareli Baug Vadodara 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 Kareli Baug Vadodara branch. MICR code for Kareli Baug Vadodara 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 Kareli Baug Vadodara is presented in the table alongside.

Use of IOB Bank MICR code for Kareli Baug Vadodara branch in vadodara

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kareli Baug Vadodara 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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