Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of North East Small Finance Bank Limited for its Barama branch in Baksa, Barama, or Assam, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of North East Small Finance Bank Limited located in Baksa or anywhere in Assam can transfer funds instantly by using the correct IFSC Code NESF0000179. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for North East Small Finance Bank Limited, Barama, Baksa
Here are the key points that are associated with the IFSC Code NESF0000179 of North East Small Finance Bank Limited for its branch located in Baksa, within the district of Barama in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | North East Small Finance Bank Limited |
| IFSC Code | NESF0000179 |
| Branch | Barama |
| City | Baksa |
| District | Barama |
| State | Assam |
| Address | Kaljar ( Barama Bazar),N.H-31,Service Road,P.O-Barama,P.S-Barama,Dist-Baksa,Assam,Pin-781346 |
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 Baksa for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000179 for the Barama 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including North East Small Finance Bank Limited located in Barama, Baksa, Assam, is provided a unique IFSC like NESF0000179 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the North East Small Finance Bank Limited branch in Baksa.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Baksa and Barama.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Assam and the rest of India, the IFSC Code ensures that transactions meant for North East Small Finance Bank Limited in Barama do not get misguided to another person.
Format of the IFSC Code NESF0000179
The format of the IFSC Code for banks, including North East Small Finance Bank Limited, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For North East Small Finance Bank Limited, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Barama in Baksa.
For example, the IFSC Code NESF0000179 of North East Small Finance Bank Limited for the Barama branch includes these elements, identifying the bank and the branch location in Baksa and Assam correctly.
How to Find IFSC Code for North East Small Finance Bank Limited?
If you are trying to find the IFSC Code NESF0000179 of North East Small Finance Bank Limited for its Barama branch located in Baksa, 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 Baksa and Barama, 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 Barama or Baksa to get the exact IFSC Code NESF0000179.
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 Baksa that will provide accurate information.
How to Use IFSC Code NESF0000179 for Online Transfers?
Once you have the IFSC Code NESF0000179 for the Barama branch of North East Small Finance Bank Limited in Baksa, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code NESF0000179. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹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 NESF0000179.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for North East Small Finance Bank Limited Barama in Baksa may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of North East Small Finance Bank Limited in Barama, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official North East Small Finance Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Baksa to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is NESF0000179.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Kaljar ( Barama Bazar),N.H-31,Service Road,P.O-Barama,P.S-Barama,Dist-Baksa,Assam,Pin-781346 located in Baksa, Barama, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.