MICR Code: 243184106

Bank: The Nainital Bank Ltd
IFSC Code: Ntbl0far106
MICR Code: 243184106
Address: Main Market, Bareilly- Lucknow Road, Faridpur, Distt - Bareilly, (U.P.) - 243503
City: Bareilly
District: Bareilly
State: Uttar Pradesh

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 243184106.

  • In this case first three codes 243 is city code and it represents city Bareilly.
  • Next three characters 184 represents bank The Nainital Bank Ltd.
  • Remaining characters which are 106 represents branch. In our case branch is located at address Main Market, Bareilly- Lucknow Road, Faridpur, Distt - Bareilly, (U.P.) - 243503.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.