IFSC code for Nainital Bank, Kanpur, Kanpur, Uttar pradesh
Updated on: Tuesday, October 1, 2024
IFSC CODE
NTBL0KAN023
Nainital Bank
Kanpur, Kanpur City, Uttar Pradesh
Address
Kanpur Branch, 24/43, Birhana Road, Kanpur 208001 (uttar Pradesh)
Nainital Bank
Kanpur, Kanpur City, Uttar Pradesh
Address
Kanpur Branch, 24/43, Birhana Road, Kanpur 208001 (uttar Pradesh)
Bank Details
IFSC Code
NTBL0KAN023
MICR Code
208184002
Bank Code
(Based on IFSC)
NTBL
Bank Code
(Based on MICR)
184
Contact
+915122312491
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IFSC Code of Nainital Bank
Every Nainital Bank branch in India has a unique Nainital Bank IFSC Code. Nainital Bank IFSC Code enables Nainital Bank account holders to send and receive money electronically. Nainital Bank IFSC Code is assigned by RBI (Reserve Bank of India) to each branch as it helps in carrying out RTGS and NEFT transactions smoothly.
Benefits of IFSC Code
Unique Identification: IFSC code helps in unique identification of all banks and their respective branches.
Smooth Fund Transfer: IFSC code enables convenient and hassle-free transfer of funds from one bank account to another.
Monitoring Transactions: IFSC code is used by RBI to keep track of all the bank transactions. It lowers the chances of discrepancy.
Format of Nainital Bank IFSC Code NTBL0KAN023
The IFSC code of all accounts in the same branch of the bank is standard. It is an 11 digit alphanumeric code.
The first four letters of the code, i.e., NTBL, denotes the name of the bank which is Nainital Bank.
The fifth character is 0.
The last six digits of the code, i.e., KAN023, represents the branch which is Nainital Bank
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MICR Code of Nainital Bank
Every Nainital Bank branch in India has a unique Nainital Bank MICR Code. MICR code for Nainital Bank can be found on a cheque leaf and bank passbook. It is a 9 digit code printed on the last line of a cheque leaf. One can also find MICR code on the website of Nainital Bank. MICR code is used for faster and secure processing of cheques.
Benefits of MICR Code
High Level of Security: The use of magnetic ink ensures MICR characters are readable even if a document is obscured by marks.
Authentication of Docs: MICR code authenticates the originality and legality of paper based docs. in the banking system.
Faster Processing: There is no manual input and hence the processing of MICR information is fast and errors are reduced.