Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of The Nainital Bank Limited for its Shyampur Kangri,Haridwar branch in Haridwar, Haridwar, or Uttarakhand, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of The Nainital Bank Limited located in Haridwar or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code NTBL0SHY159. You should definitely 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, Shyampur Kangri,Haridwar, Haridwar
Here are some of the key details that come with the IFSC Code NTBL0SHY159 of The Nainital Bank Limited for its branch located in Haridwar, within the district of Haridwar in the state of Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | The Nainital Bank Limited |
| IFSC Code | NTBL0SHY159 |
| Branch | Shyampur Kangri,Haridwar |
| City | Haridwar |
| District | Haridwar |
| State | Uttarakhand |
| Address | The Nainital Bank Limited, Village P.O.-Shyampur, Haridwar, Uttarakhand-249408 |
These details are crucial, not just for online banking users but also for businesses and individuals who use The Nainital Bank Limited in Haridwar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NTBL0SHY159 for the Shyampur Kangri,Haridwar branch of The Nainital Bank Limited has an important 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, along with The Nainital Bank Limited located in Shyampur Kangri,Haridwar, Haridwar, Uttarakhand, are given a unique IFSC like NTBL0SHY159 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Haridwar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Haridwar and Haridwar.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to The Nainital Bank Limited in Shyampur Kangri,Haridwar goes to the correct branch. This is important because The Nainital Bank Limited has thousands of branches in Uttarakhand and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code NTBL0SHY159
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): These represent the bank code. In The Nainital Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Shyampur Kangri,Haridwar in Haridwar.
For example, the IFSC Code NTBL0SHY159 of The Nainital Bank Limited for the Shyampur Kangri,Haridwar branch has these elements, identifying the bank and the branch location in Haridwar and Uttarakhand correctly.
How to Find IFSC Code for The Nainital Bank Limited?
If you are trying to find the IFSC Code NTBL0SHY159 of The Nainital Bank Limited for its Shyampur Kangri,Haridwar branch located in Haridwar, 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 Haridwar and Haridwar, 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 Shyampur Kangri,Haridwar or Haridwar to get the exact IFSC Code NTBL0SHY159.
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 Haridwar that will provide accurate information.
How to Use IFSC Code NTBL0SHY159 for Online Transfers?
If you have the IFSC Code NTBL0SHY159 for the Shyampur Kangri,Haridwar branch of The Nainital Bank Limited in Haridwar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code NTBL0SHY159. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and The Nainital Bank Limited IFSC Code NTBL0SHY159.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for The Nainital Bank Limited Shyampur Kangri,Haridwar in Haridwar, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of The Nainital Bank Limited in Shyampur Kangri,Haridwar, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Haridwar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is NTBL0SHY159.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is The Nainital Bank Limited, Village P.O.-Shyampur, Haridwar, Uttarakhand-249408 located in Haridwar, Haridwar, Uttarakhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.