Nainital Bank Udham Singh Nagar Rudrapur Uttrakhand MICR CODE

Find MICR Codes for Nainital Bank Udham Singh Nagar Rudrapur Uttrakhand

MICR Code
Bank Nainital Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gangapur Road Rudrapur
Contact 5944-9520864467
Bank Details Nainital Bank Ltd Gangapur Road Rudrapur NTBL0GAN168
Location Udham Singh Nagar, Rudrapur
City Udham Singh Nagar
District Rudrapur
State Uttrakhand
Pincode 263153
Country IN
Address The nainiatal bank ltd, vijay laxmi colony, fulksunga, opp. Jaycess public school, gangapur road, rudrapur - 263153
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 Gangapur Road Rudrapur 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, Gangapur Road Rudrapur branch makes the system almost error free and faster. Use of Nainital Bank MICR codes for Gangapur Road Rudrapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Nainital Bank Ltd are available with micr code -

>>Danpur >>Gangapur Road Rudrapur

MICR code for Nainital Bank Gangapur Road Rudrapur

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 Gangapur Road Rudrapur 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 Gangapur Road Rudrapur branch. MICR code for Gangapur Road Rudrapur 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 Gangapur Road Rudrapur is presented in the table alongside.

Use of Nainital Bank MICR code for Gangapur Road Rudrapur branch in udham singh nagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gangapur Road Rudrapur 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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