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Nainital Bank

NEW TEHRI BRANCH

+911376232193

IFSC CODE
NTBL0NEW088
MICR Code 249184902
Branch Code NEW088
City / District TEHRI
State UTTARAKHAND
Office Address F&G 3 , OPEN MARKET,COLLEGE ROAD ,BHOURARI,NEW TEHRI (UTTARAKHAND)
Phone +911376232193
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Nainital Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the NEW TEHRI branch of Nainital Bank, the code NTBL0NEW088 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the NTBL0NEW088 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"NTBL" represents Nainital Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for NEW TEHRI

Payment Systems Supported by NTBL0NEW088

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—249184902—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Nainital Bank in TEHRI typically follows the RBI holiday calendar. Digital transfers via NTBL0NEW088 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While NTBL0NEW088 is the valid code for NEW TEHRI at TEHRI, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Financial Tools

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Branch Context

  • • NEW TEHRI Contact
  • • Address of Nainital Bank
  • • MICR Code Finder
  • • UTTARAKHAND Banking Circle

Platform Links

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  • • IFSC Finder v2.0

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