The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of North East Small Finance Bank Limited for its Aizwal branch in Aizawl, Aizwal, Mizoram, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of North East Small Finance Bank Limited located in Aizawl or anywhere in Mizoram can transfer funds instantly by using the correct IFSC Code NESF0000169. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for North East Small Finance Bank Limited, Aizwal, Aizawl
Here are the main details that are associated with the IFSC Code NESF0000169 of North East Small Finance Bank Limited for its branch located in Aizawl, within the district of Aizwal in the state of Mizoram.
| Particulars | Details |
|---|---|
| Bank | North East Small Finance Bank Limited |
| IFSC Code | NESF0000169 |
| Branch | Aizwal |
| City | Aizawl |
| District | Aizwal |
| State | Mizoram |
| Address | P/126, Tuikhuahplang, Near All India Radio Station,Aizawl,Mizoram |
These details are essential not only for online banking users but also for businesses and individuals who use North East Small Finance Bank Limited in Aizawl for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000169 for the Aizwal branch of North East Small Finance Bank Limited plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including North East Small Finance Bank Limited located in Aizwal, Aizawl, Mizoram, is provided with a unique IFSC like NESF0000169 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the North East Small Finance Bank Limited branch in Aizawl.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Aizawl and Aizwal.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Mizoram and the rest of India and the IFSC Code ensures that transactions meant for North East Small Finance Bank Limited in Aizwal do not get mixed with another location.
Format of the IFSC Code NESF0000169
This is the format of the IFSC Code for banks, including North East Small Finance Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For North East Small Finance Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Aizwal in Aizawl.
For example, the IFSC Code NESF0000169 of North East Small Finance Bank Limited for the Aizwal branch includes these elements, identifying the bank and the branch location in Aizawl and Mizoram accurately.
How to Find IFSC Code for North East Small Finance Bank Limited?
If you are trying to find the IFSC Code NESF0000169 of North East Small Finance Bank Limited for its Aizwal branch located in Aizawl, the following methods can help:
Cheque Book
The cheque books that are issued by North East Small Finance Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including North East Small Finance Bank Limited branches in Aizawl and Aizwal, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of North East Small Finance Bank Limited and find the branch locator section. Search for Aizwal or Aizawl to get the exact IFSC Code NESF0000169.
Mobile Banking App
If you use North East Small Finance Bank Limited's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for North East Small Finance Bank Limited and Aizawl that will provide accurate information.
How to Use IFSC Code NESF0000169 for Online Transfers?
Once you have the IFSC Code NESF0000169 for the Aizwal branch of North East Small Finance Bank Limited in Aizawl, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code NESF0000169. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and North East Small Finance Bank Limited IFSC Code NESF0000169.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the North East Small Finance Bank Limited Aizwal in Aizawl, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of North East Small Finance Bank Limited in Aizwal, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official North East Small Finance Bank Limited website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Aizawl manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is NESF0000169.
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 P/126, Tuikhuahplang, Near All India Radio Station,Aizawl,Mizoram located in Aizawl, Aizwal, Mizoram.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.