Let Others Know
×
LinkedIn
Email
WhatsApp

Nainital Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Nainital Bank Delhi Delhi New Delhi

MICR Code
Bank Nainital Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rohtak Road Delhi
Contact 011-25289112
Bank Details Nainital Bank Ltd Rohtak Road Delhi NTBL0DEL076
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110005
Country IN
Address M - 123 guru harikishan nagar (rohtak road), paschim vihar new delhi - 87
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 110184018 for Rohtak Road Delhi 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 110184018 of Nainital Bank, Rohtak Road Delhi branch makes the system almost error free and faster. Use of Nainital Bank MICR codes for Rohtak Road Delhi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Nainital Bank Rohtak Road Delhi

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 Rohtak Road Delhi 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. 110184018 is the MICR code of Nainital Bank for Rohtak Road Delhi branch. MICR code for Rohtak Road Delhi 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 Rohtak Road Delhi is presented in the table alongside.

Use of Nainital Bank MICR code for Rohtak Road Delhi branch in delhi

The MICR code 110184018 is used in RBI cheque clearing process to identify the branch Rohtak Road Delhi 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.