Nainital Bank Noida Gautam Buddha Nagar Uttar Pradesh MICR CODE

Find MICR Codes for Nainital Bank Noida Gautam Buddha Nagar Uttar Pradesh

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MICR Code
Bank Nainital Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Greater Noida
Contact 2390013
Bank Details Nainital Bank Ltd Greater Noida NTBL0NOI120
Location Noida, Gautam Buddha Nagar
City Noida
District Gautam Buddha Nagar
State Uttar Pradesh
Pincode 201308
Country IN
Address The nainital bank ltd, greater noida, sri jai balaji educational trust, ns-48, sec-p4, builders area, near jalvayu vihar
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 110184022 for Greater Noida 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 110184022 of Nainital Bank, Greater Noida branch makes the system almost error free and faster. Use of Nainital Bank MICR codes for Greater Noida branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Nainital Bank Ltd are available with micr code -

>>Greater Noida >>Noida (Sector50) >>Noida Sector 2

MICR code for Nainital Bank Greater Noida

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 Greater Noida 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. 110184022 is the MICR code of Nainital Bank for Greater Noida branch. MICR code for Greater Noida 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 Greater Noida is presented in the table alongside.

Use of Nainital Bank MICR code for Greater Noida branch in noida

The MICR code 110184022 is used in RBI cheque clearing process to identify the branch Greater Noida 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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