Maybe the 1.7V Vcore from OCCT is what some others might call Vccin.
But now that Vcore (or VID, slight different meaning, but in this context can be the same) is 1.2V, we can be sure that it is in a safe value.
Now, there's nothing left to worry.
I asked you to compress a file because Haswell will jump to lower voltages when idle (unless every power saving feature and C state is disabled), and will only yse the real Vcore when under load, so it doesn't really make sense to check voltages when idling.
But now, problem solved. You can go back to overclocking, if that was your original objective. Here are some guidelines that you could use as reference later:
I strongly recommend carefully reading this guide:
http://www.overclock.net/t/1411077/haswell-overclocking-guide-with-statistics
As safe voltages for a stable overclock to set once and use everyday, Tom's community usually recommends 1.3V CPU Vcore as a maximum, although that depends also on your temperatures.
Try to keep your chip below 80ºC. What is your cooler?
As an average,
which may or may not apply to your particular cpu, you can expect aroubd 4.5GHz with 1.25-1.30V CPU Vcore. This is only a guideline.
I just gave you a lot of information in only 1 post, sorry. It's not meant for you to take it all in at onxe, but to use as reference as you advance with each step.