Nainital Bank Lucknow Lucknow Uttar Pradesh MICR CODE

Find MICR Codes for Nainital Bank Lucknow Lucknow Uttar Pradesh

MICR Code
Bank Nainital Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vikas Nagar Lucknow
Contact 522-9520987741
Bank Details Nainital Bank Ltd Vikas Nagar Lucknow NTBL0LUC167
Location Lucknow, Lucknow
City Lucknow
District Lucknow
State Uttar Pradesh
Pincode 226022
Country IN
Address The nainital bank limited , 1/241 , vikas nagar (opposite lekhraj complex) lucknow -226022
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 Vikas Nagar Lucknow 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, Vikas Nagar Lucknow branch makes the system almost error free and faster. Use of Nainital Bank MICR codes for Vikas Nagar Lucknow branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Nainital Bank Ltd are available with micr code -

>>Ashiana Lucknow >>Daliaganj Lucknow >>Daliganj Lucknow >>Gomti Nagar Lucknow >>Lucknow >>Mahanagar Lucknow >>Nadan Mahal Road Lucknow >>Vikas Nagar Lucknow

MICR code for Nainital Bank Vikas Nagar Lucknow

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 Vikas Nagar Lucknow 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 Vikas Nagar Lucknow branch. MICR code for Vikas Nagar Lucknow 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 Vikas Nagar Lucknow is presented in the table alongside.

Use of Nainital Bank MICR code for Vikas Nagar Lucknow branch in lucknow

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vikas Nagar Lucknow 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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