There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of The Nainital Bank Limited for its Beria Daulat, Bazpur branch in Bazpur, Udham Singh Nagar, Uttarakhand, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of The Nainital Bank Limited situated in Bazpur or anywhere in Uttarakhand can easily transfer funds instantly by using the correct IFSC Code NTBL0BER160. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for The Nainital Bank Limited, Beria Daulat, Bazpur, Bazpur
Below in the table are the key details related to IFSC Code NTBL0BER160 of The Nainital Bank Limited for its branch located in Bazpur, within the district of Udham Singh Nagar in the state of Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | The Nainital Bank Limited |
| IFSC Code | NTBL0BER160 |
| Branch | Beria Daulat, Bazpur |
| City | Bazpur |
| District | Udham Singh Nagar |
| State | Uttarakhand |
| Address | The Nainital Bank Limited, Main Chauraha, Beria Daulat, Near Baba Sweets, Bazpur, Distt Udham Singh Nagar, Uttarakhand-263401 |
These details helps users in online banking and for businesses and individuals who use The Nainital Bank Limited in Bazpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NTBL0BER160 for the Beria Daulat, Bazpur branch of The Nainital Bank Limited plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including The Nainital Bank Limited located in Beria Daulat, Bazpur, Bazpur, Uttarakhand, is provided with a unique IFSC like NTBL0BER160 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the The Nainital Bank Limited branch in Bazpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Bazpur and Udham Singh Nagar.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Uttarakhand and the rest of India and the IFSC Code ensures that transactions meant for The Nainital Bank Limited in Beria Daulat, Bazpur do not get mixed with another location.
Format of the IFSC Code NTBL0BER160
The format of the IFSC Code for banks, including The Nainital Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For The Nainital Bank Limited, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Beria Daulat, Bazpur in Bazpur.
For example, the IFSC Code NTBL0BER160 of The Nainital Bank Limited for the Beria Daulat, Bazpur branch includes these elements, identifying the bank and the branch location in Bazpur and Uttarakhand accurately.
How to Find IFSC Code for The Nainital Bank Limited?
If you are trying to find the IFSC Code NTBL0BER160 of The Nainital Bank Limited for its Beria Daulat, Bazpur branch located in Bazpur, the following methods can help:
Cheque Book
The cheque books that are issued by The Nainital Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including The Nainital Bank Limited branches in Bazpur and Udham Singh Nagar, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of The Nainital Bank Limited and find the branch locator section. Search for Beria Daulat, Bazpur or Bazpur to get the exact IFSC Code NTBL0BER160.
Mobile Banking App
If you use The Nainital Bank Limited's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for The Nainital Bank Limited and Bazpur that will provide accurate information.
How to Use IFSC Code NTBL0BER160 for Online Transfers?
Once you have the IFSC Code NTBL0BER160 for the Beria Daulat, Bazpur branch of The Nainital Bank Limited in Bazpur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code NTBL0BER160. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and The Nainital Bank Limited IFSC Code NTBL0BER160.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for The Nainital Bank Limited Beria Daulat, Bazpur in Bazpur, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of The Nainital Bank Limited in Beria Daulat, Bazpur, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official The Nainital Bank Limited website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Bazpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is NTBL0BER160.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is The Nainital Bank Limited, Main Chauraha, Beria Daulat, Near Baba Sweets, Bazpur, Distt Udham Singh Nagar, Uttarakhand-263401 located in Bazpur, Udham Singh Nagar, Uttarakhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.