Indian Overseas Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Indian Overseas Bank Delhi Delhi New Delhi

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State
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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	Mandoli
Contact	11-8154997965
Bank Details	Indian Overseas Bank Mandoli IOBA0003982

Location	Delhi, Delhi
City	Delhi
District	Delhi
State	New Delhi
Pincode	110093
Country	IN
Address	House no-1, khasra no-120, main sewa dham road, main road mandoli, delhi- 110093

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

A total of 35 branches of Indian Overseas Bank are available with micr code -

>>Anand Vihar >>Ashok Vihar New Delhi >>Badarpur Delhi >>Burari >>Cbo Delhi >>Chhatarpur South Delhi >>Daulat Ram College >>Delhi East Of Kailash >>Dilshad Garden >>Extn Ctr Rajouri Garden >>Janakpuri >>Jungpura >>Kirti Nagar >>Lajpat Nagar >>Large Corporate Newdelhi >>Laxmi Nagar East Delhi >>Mahanagar Doorsanchar Bhawan >>Mandoli >>Maurya Enclave New Delhi >>Mid Corporate Newdelhi >>Najafgarh New Delhi >>National Banking Gms Office Delhi >>New Delhi Cantonment >>New Delhi Mayur Vihar Phase Ii >>R.O. Ncr Delhi >>R.O.New Delhi >>Rk Puram New Delhi >>Rohini Sector 11 >>Roop Nagar >>Sanchar Bhawan >>Shahdara >>Specialized Msme Delhi >>Telecommunciation Consultants >>Yamuna Vihar >>Zonal Audit Office Delhi

MICR code for Indian Overseas Bank Mandoli

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 Mandoli 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 Mandoli branch. MICR code for Mandoli 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 Mandoli is presented in the table alongside.

Use of IOB Bank MICR code for Mandoli branch in delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mandoli 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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