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	110184013
Bank	Nainital Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Noida (Sector50)
Contact	0120-2500544
Bank Details	Nainital Bank Ltd Noida (Sector50) NTBL0NOI063

Location	Noida, Gautam Buddha Nagar
City	Noida
District	Gautam Buddha Nagar
State	Uttar Pradesh
Pincode	201303
Country	IN
Address	B-1/31, sector -50,noida, distt. Gotam budh nagar

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 110184013 for Noida (Sector50) 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 110184013 of Nainital Bank, Noida (Sector50) branch makes the system almost error free and faster. Use of Nainital Bank MICR codes for Noida (Sector50) 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 Noida (Sector50)

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 Noida (Sector50) 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. 110184013 is the MICR code of Nainital Bank for Noida (Sector50) branch. MICR code for Noida (Sector50) 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 Noida (Sector50) is presented in the table alongside.

Use of Nainital Bank MICR code for Noida (Sector50) branch in noida

The MICR code 110184013 is used in RBI cheque clearing process to identify the branch Noida (Sector50) 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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