Nainital Bank - Home Page

  • Bank opened its 146th Branch at Danpur, Rudrapur on 29.09.2020 and 147th Branch at Govindpuram, Ghaziabad on 30.09.2020. Mr. Dinesh Pant, Chairman & CEO of the Bank inaugurated both the

  • 98th Annual General Meeting of Nainital Bank held on 10th September,2020 through VC at Bank's Head Office,

  • Bank paid tribute to its founder father Bharat Ratna Pt. Govind Ballabh Pant on his 133rd birth anniversary on 10th September,

  • Notice for shareholders new

  • Bank celebrated its 99th Foundation day with great fervour and enthusiasm by organizing simple events and remembering and paying tribute to its founder fathers including Bharat Ratna Pt. Govind Ballabh

  • Bank has opened its 145th branch at Jail Road Crossing, Haldwani on the auspicious day of Bank's 99th Foundation day. Our hon'ble Chairman & CEO Sh. Dinesh Pant inaugurated the

  • To fulfill its CSR responsibilities Bank adopted Himalayan black bear, Red Panda, Goral, Kaliji Pheasant and love bird for one year at G.B.O\Pant High Altitude Zoo at Nainital alongwith tree plantation activity on ceremonial occasion of Bank's 99th Foundation


  • Our Chairman & CEO Mr. Dinesh Pant has been elevated to TEG Grade / Scale VII in the rank of General Manager in Bank of Baroda w.e.f.

  • Bank has launched COVID Emergency Credit Line (NCECL) loan scheme to provide liquidity support to borrowers impacted by COVID-19

  • Bank has formulated Naini Kissan Credit Card (NKCC) scheme for meeting working capital requirements for animal husbandry and fisheries activities to help the

  • Bank has also revised its SEED POLICY for credit facilities to seed processing units for FY-2020-21 wherein interest rate has been linked with CMR rating and collateral

  • Mr. Dinesh Pant, Chairman & CEO, Nainital Bank donated his ONE month salary to "PM CARES" for COVID 19 outbreak

  • Nainital Bank is contributing Rs. 11.00 lakh (Rs. Eleven lakh only) for Chief Minister Relief Fund under CSR for COVID 19 outbreak victims. new

  • Employees of Nainital Bank contributed Rs. 14.20 lakh (Rs. Fourteen lakh twenty thousand only ) for "PM CARES" for COVID 19 outbreak

  • "Bank requires career oriented professionals as specialist officers in the category of Chartered Accounts, Credit Officers, Marketing Officers, IT Officers,Risk Officer, Planning Officer and Law officer". For details visit the Bank's website. new

  • Bank's esteemed customers are informed that the ATM withdrawal limit per Card per day reduced from Rs 40,000/- to Rs 20,000/- w.e.f. November 01,2018.

  • All esteemed customers holding magnetic cards are requested to get their cards replaced with EMV chip cards for uninterrupted card services.

149 Branches - 100% CBS/RTGS/NEFT Enable
Immediate Payment Service (IMPS)
FAQs for Customers:
  1. What is IMPS?
    Immediate Payment Service (IMPS) is an instant interbank electronic fund transfer service through mobile phones. IMPS facilitates customers to use mobile instruments as a channel for accessing their banks accounts and remitting funds therefrom.

  2. Presently, how are interbank fund transfers made using mobile phone?
    The interbank remittance request initiated from a mobile is processed by the beneficiary bank as a National Electronic Fund Transfer (NEFT) transaction. The status of such payment request is therefore not known instantly because NEFT payments are processed in batches from 9 am to 7 pm. The NEFT transactions are charged by banks and charges vary from bank to bank

  3. Does the customer need to have a bank account for availing IMPS?
    Yes, the customer needs to have a bank account with the bank which has enabled this facility.

  4. Does the customer need to register to remit the funds through IMPS?
    Yes. Customer should enroll for Mobile Banking Service with the Nainital Bank where customer has an account. The registration process shall be as per bank’s laid down procedures.

  5. Is the beneficiary customer also required to register for IMPS?
    The beneficiary customer should have their mobile numbers registered with the bank where he/she maintain the account and where he intends to receive the credit and should have a valid MMID provided by the bank. No need to specifically enroll for Mobile Banking Service of the bank.

  6. What beneficiary details does the customer need to affect an IMPS remittance?
    The beneficiary details required are:
    • Beneficiary’s mobile number
    • MMID of the beneficiary customer

  7. What is MMID?
    Mobile Money Identifier (MMID) is a seven digit random number issued by the Nainital Bank upon registration. Remitter (customer who wants to send money) and Beneficiary (customer who wants to receive the money) should have this MMID for doing this interbank funds transfer.

  8. Can a customer link more than one account to the same mobile number?
    Yes. The customer can link the same mobile number to more than one account.

  9. Incase if the customer has more than one account linked to his / her mobile number how does he select the account from which he / she intends to pay?
    The bank allocate a Mobile Money Identifier (MMID) for each account of the mobile banking customers. The customer can select the account using this MMID allocated to him / her.
    The combination of mobile number and MMID helps as a mistake proofing step for the remitter and tries to mitigate the risk of wrong credit incase the remitter enters erroneous mobile number.

  10. What is the Process flow of IMPS?
    Step 1 : Remitter sends instruction from his/her mobile through his/her bank provided application or SMS.
    Step 2 : Remitting bank validates the details of the remitter and debits his/ her account. This transaction is sent by the remitting bank to NPCI.
    Step 3 : Transaction is passed by NPCI to the beneficiary bank. Beneficiary Bank validates the details of the beneficiary customer, credits the account, sends confirmation NPCI about transaction status and sends a SMS to the beneficiary customer informing him of the credit.
    Step 4 : NPCI sends the transaction status to remitting bank which in turn informs the status of the transaction to the Remitter.
    Step 5 : Remitting bank send a SMS confirmation of the transaction to the remitting customer.

  11. Is there any limit on the value of transactions in IMPS?
    The limit is defined by RBI in the Mobile Payment Guidelines issued to banks. The customer can transact on IMPS subject to a daily cap of Rs. 5,000/- per customer overall for transactions through mobile for the funds transfer.

  12. Does the customer require a mobile handset of a particular model or make or features to enable this service?
    No. For doing IMPS transaction on SMS channel there is no need a mobile handset of a particular model or features.

  13. Can customer withdraw and / or deposit money using IMPS?
    Presently, the customers cannot withdraw and / or deposit money using IMPS.