Nainital Bank Dehradun Dehradun Uttrakhand MICR CODE

Find MICR Codes for Nainital Bank Dehradun Dehradun Uttrakhand

MICR Code
Bank Nainital Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhauwala Dehradun
Contact 135-7455800233
Bank Details Nainital Bank Ltd Bhauwala Dehradun NTBL0BHW150
Location Dehradun, Dehradun
City Dehradun
District Dehradun
State Uttrakhand
Pincode 248007
Country IN
Address Near union bank of india, rampur bhauwala, tehsil vikasnagar, dehradun, uttarakhand - 248007
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 248184010 for Bhauwala Dehradun 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 248184010 of Nainital Bank, Bhauwala Dehradun branch makes the system almost error free and faster. Use of Nainital Bank MICR codes for Bhauwala Dehradun branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Nainital Bank Bhauwala Dehradun

Nainital Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Nainital Bank MICR code for Bhauwala Dehradun 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. 248184010 is the MICR code of Nainital Bank for Bhauwala Dehradun branch. MICR code for Bhauwala Dehradun 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 Nainital Bank Bhauwala Dehradun is presented in the table alongside.

Use of Nainital Bank MICR code for Bhauwala Dehradun branch in dehradun

The MICR code 248184010 is used in RBI cheque clearing process to identify the branch Bhauwala Dehradun and Nainital 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 Nainital Bank is typically in either of these two font’s: E-138 and CMC-7.

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