Nainital Bank Nainital Haldwani Uttrakhand MICR CODE

Find MICR Codes for Nainital Bank Nainital Haldwani Uttrakhand

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MICR Code
Bank Nainital Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chharyal Gas Godam Road
Contact 5946-7895178282
Bank Details Nainital Bank Ltd Chharyal Gas Godam Road NTBL0HAL173
Location Nainital, Haldwani
City Nainital
District Haldwani
State Uttrakhand
Pincode 263139
Country IN
Address Chharayal suyal, near birla school, haldwani, uttrakhand-263139
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 Chharyal Gas Godam Road 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 Nainital Bank, Chharyal Gas Godam Road branch makes the system almost error free and faster. Use of Nainital Bank MICR codes for Chharyal Gas Godam Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Nainital Bank Ltd are available with micr code -

>>Chharyal Gas Godam Road >>Jail Road Haldwani >>Lamachaur Haldwani >>Talli Bamori Haldwani >>Udaylalpur Haldwani

MICR code for Nainital Bank Chharyal Gas Godam Road

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 Chharyal Gas Godam Road 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 Nainital Bank for Chharyal Gas Godam Road branch. MICR code for Chharyal Gas Godam Road 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 Chharyal Gas Godam Road is presented in the table alongside.

Use of Nainital Bank MICR code for Chharyal Gas Godam Road branch in nainital

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chharyal Gas Godam Road 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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