Nainital Bank Kapas Hera Delhi New Delhi MICR CODE

Find MICR Codes for Nainital Bank Kapas Hera Delhi New Delhi

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MICR Code
Bank Nainital Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pappankalan(Dwarka)
Contact 011-25055006
Bank Details Nainital Bank Ltd Pappankalan(Dwarka) NTBL0DEL059
Location Kapas Hera, Delhi
City Kapas Hera
District Delhi
State New Delhi
Pincode 110045
Country IN
Address 29/2, vijay enclave, palam dabri road, dwarka, delhi
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 110184011 for Pappankalan(Dwarka) 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 110184011 of Nainital Bank, Pappankalan(Dwarka) branch makes the system almost error free and faster. Use of Nainital Bank MICR codes for Pappankalan(Dwarka) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Nainital Bank Ltd are available with micr code -

>>Pappankalan(Dwarka)

MICR code for Nainital Bank Pappankalan(Dwarka)

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 Pappankalan(Dwarka) 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. 110184011 is the MICR code of Nainital Bank for Pappankalan(Dwarka) branch. MICR code for Pappankalan(Dwarka) 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 Pappankalan(Dwarka) is presented in the table alongside.

Use of Nainital Bank MICR code for Pappankalan(Dwarka) branch in kapas hera

The MICR code 110184011 is used in RBI cheque clearing process to identify the branch Pappankalan(Dwarka) 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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