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 Goreshwar branch in Baksa, Goreshwar, Assam, 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 Baksa or anywhere in Assam can transfer funds instantly by using the correct IFSC Code NESF0000145. 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, Goreshwar, Baksa

Here are some of the key details that come with the IFSC Code NESF0000145 of North East Small Finance Bank Limited for its branch located in Baksa, within the district of Goreshwar in the state of Assam.

Particulars Details
Bank North East Small Finance Bank Limited
IFSC Code NESF0000145
Branch Goreshwar
City Baksa
District Goreshwar
State Assam
Address 2 No.Goreswar,P.O Goreswar,P.S Goreswar

These details helps users in online banking and for businesses and individuals who use North East Small Finance Bank Limited in Baksa for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000145 for the Goreshwar branch of North East Small Finance Bank Limited plays a vital 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 Goreshwar, Baksa, Assam, is provided with a unique IFSC like NESF0000145 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 Baksa.
  • 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 Baksa and Goreshwar.
  • 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 Assam and the rest of India and the IFSC Code ensures that transactions meant for North East Small Finance Bank Limited in Goreshwar do not get mixed with another location.

Format of the IFSC Code NESF0000145

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 Goreshwar in Baksa.

For example, the IFSC Code NESF0000145 of North East Small Finance Bank Limited for the Goreshwar branch includes these elements, identifying the bank and the branch location in Baksa and Assam accurately.

How to Find IFSC Code for North East Small Finance Bank Limited?

To find the IFSC Code NESF0000145 of North East Small Finance Bank Limited for its Goreshwar branch located in Baksa, the following methods can help you out:

Cheque Book

The cheque book issued by North East Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including North East Small Finance Bank Limited branches in Baksa and Goreshwar, 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 go to the branch locator section. Then search for Goreshwar or Baksa to find the exact IFSC Code NESF0000145.

Mobile Banking App

If you use North East Small Finance Bank Limited's mobile app, you can 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. Searching for North East Small Finance Bank Limited and Baksa will provide accurate information.

How to Use IFSC Code NESF0000145 for Online Transfers?

If you have the IFSC Code NESF0000145 for the Goreshwar branch of North East Small Finance Bank Limited in Baksa, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code NESF0000145. Transfers are processed in batches. 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. Asks for the recipient's account details and North East Small Finance Bank Limited IFSC Code NESF0000145.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for North East Small Finance Bank Limited Goreshwar in Baksa, it 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 Goreshwar, 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)

What is the IFSC Code of North East Small Finance Bank Limited in Goreshwar, Baksa?

The IFSC Code is NESF0000145.

Is the IFSC Code NESF0000145 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of North East Small Finance Bank Limited Goreshwar?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Goreshwar branch?

The address of the branch is 2 No.Goreswar,P.O Goreswar,P.S Goreswar located in Baksa, Goreshwar, Assam.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.