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 Bhagwanpur Roorkee branch in Roorkee, 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 Roorkee or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code NTBL0BHA170. 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, Bhagwanpur Roorkee, Roorkee
Here are the key points that are associated with the IFSC Code NTBL0BHA170 of The Nainital Bank Limited for its branch located in Roorkee, within the district of Haridwar in the state of Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | The Nainital Bank Limited |
| IFSC Code | NTBL0BHA170 |
| Branch | Bhagwanpur Roorkee |
| City | Roorkee |
| District | Haridwar |
| State | Uttarakhand |
| Address | Khasra No 162, Raipur, Bhagwanpur,Roorkee,Haridwar Uttarakhand 247661 |
These details are crucial, not just for online banking users but also for businesses and individuals who use The Nainital Bank Limited in Roorkee for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NTBL0BHA170 for the Bhagwanpur Roorkee 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 that is provided by the Reserve Bank of India. A unique IFSC like NTBL0BHA170 is given to every bank branch, including The Nainital Bank Limited located in Bhagwanpur Roorkee, Roorkee, Uttarakhand, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the The Nainital Bank Limited branch in Roorkee.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Roorkee and Haridwar.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Uttarakhand and the rest of India, which is why the IFSC Code ensures that transactions meant for The Nainital Bank Limited in Bhagwanpur Roorkee doesn't end up at another location.
Format of the IFSC Code NTBL0BHA170
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 Bhagwanpur Roorkee in Roorkee.
For example, the IFSC Code NTBL0BHA170 of The Nainital Bank Limited for the Bhagwanpur Roorkee branch has these elements, identifying the bank and the branch location in Roorkee and Uttarakhand correctly.
How to Find IFSC Code for The Nainital Bank Limited?
If you are trying to find the IFSC Code NTBL0BHA170 of The Nainital Bank Limited for its Bhagwanpur Roorkee branch located in Roorkee, the following methods can help:
Cheque Book
The cheque book issued by The Nainital Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including The Nainital Bank Limited branches in Roorkee and Haridwar, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of The Nainital Bank Limited and navigate to the branch locator section. Search for Bhagwanpur Roorkee or Roorkee to get the exact IFSC Code NTBL0BHA170.
Mobile Banking App
If you use The Nainital Bank Limited's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for The Nainital Bank Limited and Roorkee, you'll get the correct details.
How to Use IFSC Code NTBL0BHA170 for Online Transfers?
Once you have the IFSC Code NTBL0BHA170 for the Bhagwanpur Roorkee branch of The Nainital Bank Limited in Roorkee, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code NTBL0BHA170. 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 NTBL0BHA170.
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 Bhagwanpur Roorkee in Roorkee, 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 Bhagwanpur Roorkee, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Roorkee to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is NTBL0BHA170.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Khasra No 162, Raipur, Bhagwanpur,Roorkee,Haridwar Uttarakhand 247661 located in Roorkee, Haridwar, Uttarakhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.