Nainital Bank Sitapur Sitapur Uttar Pradesh MICR CODE

Find MICR Codes for Nainital Bank Sitapur Sitapur 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 Sitapur
Contact 05862-270919
Bank Details Nainital Bank Ltd Sitapur NTBL0SIT025
Location Sitapur, Sitapur
City Sitapur
District Sitapur
State Uttar Pradesh
Pincode 261001
Country IN
Address 14, jail road, near hussain ali chauraha, sitapur (u.p.) 261001
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.

Search Nainital Bank MICR Codes in sitapur

You can search through MICR Codes of Uttar Pradesh branches in sitapur of District sitapur in Uttar Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Sitapur

How to find MICR codes for Nainital Bank in sitapur?

Nainital Bank sitapur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Nainital Bank MICR codes list for sitapur, one can further search by branch name specified in the table. You can find MICR codes for all Nainital Bank sitapur branches.

Nainital Bank MICR code in sitapur

Nainital Bank MICR code is a character recognition technology used by banks in the processing of cheques. Nainital Bank MICR code for sitapur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Nainital Bank branches in sitapur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Nainital Bank MICR code for sitapur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Nainital Bank sitapur branch, sprinted 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. Thus MICR code for Nainital Bank sitapur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Nainital Bank MICR codes for sitapur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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