Nainital Bank Rohtak Rohtak Haryana MICR CODE

Find MICR Codes for Nainital Bank Rohtak Rohtak Haryana

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MICR Code
Bank Nainital Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sectorxiv Rohtak
Contact 0-7037773014
Bank Details Nainital Bank Ltd Sectorxiv Rohtak NTBL0ROH161
Location Rohtak, Rohtak
City Rohtak
District Rohtak
State Haryana
Pincode 124001
Country IN
Address The nainital bank limited,sco no-10, sector-14, rohtak, haryana-124001
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 124184002 for Sectorxiv Rohtak 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 124184002 of Nainital Bank, Sectorxiv Rohtak branch makes the system almost error free and faster. Use of Nainital Bank MICR codes for Sectorxiv Rohtak 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 -

>>Sectorxiv Rohtak

MICR code for Nainital Bank Sectorxiv Rohtak

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 Sectorxiv Rohtak 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. 124184002 is the MICR code of Nainital Bank for Sectorxiv Rohtak branch. MICR code for Sectorxiv Rohtak 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 Sectorxiv Rohtak is presented in the table alongside.

Use of Nainital Bank MICR code for Sectorxiv Rohtak branch in rohtak

The MICR code 124184002 is used in RBI cheque clearing process to identify the branch Sectorxiv Rohtak 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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