Nainital Bank Banbasa
Banbasa · Champawat, Uttarakhand
262184304 is the MICR code for the Banbasa branch of Nainital Bank, located in Champawat, Uttarakhand. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code NTBL0BAN127.
Bank
Nainital Bank
Branch & Address
Banbasa
The Nainital Bank Ltd, Petrol Pump Compound, Khatima Road, Banbasa, Distt Champawat, Uttarakhand - 262309
Champawat, Banbasa, Uttarakhand
Contact
+915943263020MICR Code Structure
262
City
184
Bank
304
Branch
City code 262 identifies the RBI clearing centre, bank code 184 identifies Nainital Bank, and branch code 304 identifies this specific branch.
Online Payment Methods Supported
Other Nainital Bank branches near Champawat
Other banks in Champawat, Uttarakhand
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (NTBL0BAN127) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 262184304 is in the middle, and your account number is on the right.