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Indian Overseas Bank New Delhi MICR CODE

Find MICR Codes for Indian Overseas Bank New Delhi

MICR Code
Bank Indian Overseas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Daryaganj
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 Daryaganj IOBA0000017
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 110002
Country IN
Address 5, daryaganj ,nethaji subhash marg,new delhi -110002
MICR Code
Bank Indian Overseas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karol Bagh
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 Karol Bagh IOBA0000035
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 110005
Country IN
Address 10222 & 10223, gurudwara road,karol bagh,new delhi - 110005
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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 New Delhi

You can search through MICR Codes of Indian Overseas Bank in New Delhi 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 New Delhi?

MICR codes for Indian Overseas Bank in New Delhi 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 New Delhi here.

IOB Bank MICR code in New Delhi

Indian Overseas Bank MICR code in New Delhi 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 New Delhi branches is to make clearance process of cheques faster and without errors.

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

The IOB Bank MICR code for New Delhi 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 New Delhi 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 New Delhi 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.