Nainital Bank Moradabad Moradabad Uttar Pradesh MICR CODE

Find MICR Codes for Nainital Bank Moradabad Moradabad 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 Thakurdwara Moradabad
Contact 591-7455803497
Bank Details Nainital Bank Ltd Thakurdwara Moradabad NTBL0THA154
Location Moradabad, Moradabad
City Moradabad
District Moradabad
State Uttar Pradesh
Pincode 244601
Country IN
Address Main market, ward no 20, fatheuaganj, thakurdwara moradabad, uttar pradesh 244601
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 244184205 for Thakurdwara Moradabad 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 244184205 of Nainital Bank, Thakurdwara Moradabad branch makes the system almost error free and faster. Use of Nainital Bank MICR codes for Thakurdwara Moradabad 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 -

>>Kanth Road >>Moradabad >>Thakurdwara Moradabad

MICR code for Nainital Bank Thakurdwara Moradabad

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 Thakurdwara Moradabad 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. 244184205 is the MICR code of Nainital Bank for Thakurdwara Moradabad branch. MICR code for Thakurdwara Moradabad 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 Thakurdwara Moradabad is presented in the table alongside.

Use of Nainital Bank MICR code for Thakurdwara Moradabad branch in moradabad

The MICR code 244184205 is used in RBI cheque clearing process to identify the branch Thakurdwara Moradabad 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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