The Nainital Bank Limited

RBI has allotted the Indian Financial System Code in short denoted as IFSC codes to all the bank branches in India. IFSC codes are unique 11-digit codes with alphanumeric characters. These codes help the users to ensure that the transferred funds go to the right person account, without any errors.

For example, we can take the IFSC code: "NTBL0NAI999" - of The Municipal Cooperative Bank Limited branch in Nainital, Uttarakhand.

• Here, the first four alphabets, NTBL, indicate the bank name, i.e., The Nainital Bank Limited.
• The fifth digit is 0 (zero) - provided for future use.
• The last six digits NAI999 - denotes a particular branch at Nainital, Uttarakhand.

This IFSC code can be used for online money transactions via NEFT, RTGS and IMPS to any The Nainital Bank Limited account or to other bank accounts. According to RBI guidelines, the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India. This code helps to avoid the risk factor while sending and receiving funds through banks in our country.

Easy way to find The Nainital Bank Limited IFSC Code and MICR Code?

The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by The Nainital Bank Limited. The website of Reserve Bank of India also offers the entire list of IFSC codes required for the account holder. The customers can also enter into the bank's official website.

Customers by clicking the link will lead to another page where four columns are displayed. Customers must feed some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC code or MICR code.

The Nainital Bank Limited Branch Details

• Delhi

• Haryana

• Rajasthan

• Uttar Pradesh

• Uttarakhand

ABOUT NAINITAL BANK

• The Nainital Bank Limited was established at Nainital, Uttarakhand in 1922 by Bharat Ratna Pt. GovindBallabh Pant and few other prominent personalities of Nainital with the objective to cater banking needs of the people of the region. In the year 1973, Reserve Bank of India directed Bank of Baroda, a premier nationalized bank, to manage the affairs of the Nainital Bank Limited. It is a scheduled commercial bank having its headquarters at Nainital and fully owned subsidiary of Bank of Baroda which holds 98.57% shareholding and remaining 1.43% shares are held by the public.


• At present, the bank is having 163 branches operating in five states i.e. Uttarakhand, Uttar Pradesh, Delhi, Haryana and Rajasthan with more than 1,000 employees. All the branches of the bank are operating in CBS platform. It is also providing RTGS, NEFT, SMS Alerts, RuPay ATM cum Debit Card, NainiNet Internet Banking and Mobile Banking facilities to its customers.


• As on 31 March 2021, the total business of the bank was Rs.11,441crore and total Advances of the bank stood at Rs.4,029 crores. The Total Deposit of the bank stood at Rs.7,412crores and CASA Deposit of the bank stood at Rs.2,827 crores registering a growth of 12.14 % over previous financial year. The operating profit of the bank increased to Rs.118.25 crore registering a growth of 5.36% over previous financial year.


• The Net NPA stood at 5.77%. Nainital Bank is a customer centric bank and provides prompt and personalized services to its customers in the latest technological environment. The mission and vision of the bank is to emerge as a customer centric National Bank & become the most preferred bank for its product, services, technology, efficiency & financials."

ADDRESS:
The Nainital Bank Limited,
Head Office,
Seven Oaks Building,
Mallital, Nainital - 263 001,
Uttarakhand, India.
For further details contact:1800-180-4031.