Nainital Bank Faridabad Faridabad Haryana MICR CODE

Find MICR Codes for Nainital Bank Faridabad Faridabad Haryana

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MICR Code
Bank Nainital Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ballabhgarh
Contact 2216181
Bank Details Nainital Bank Ltd Ballabhgarh NTBL0BAL132
Location Faridabad, Faridabad
City Faridabad
District Faridabad
State Haryana
Pincode 121004
Country IN
Address Fca-54 near idbi bank, shyam colony, ballabhgarh-faridabad, haryana-121004
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 110184025 for Ballabhgarh 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 110184025 of Nainital Bank, Ballabhgarh branch makes the system almost error free and faster. Use of Nainital Bank MICR codes for Ballabhgarh 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 -

>>Ballabhgarh >>Faridabad

MICR code for Nainital Bank Ballabhgarh

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 Ballabhgarh 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. 110184025 is the MICR code of Nainital Bank for Ballabhgarh branch. MICR code for Ballabhgarh 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 Ballabhgarh is presented in the table alongside.

Use of Nainital Bank MICR code for Ballabhgarh branch in faridabad

The MICR code 110184025 is used in RBI cheque clearing process to identify the branch Ballabhgarh 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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