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 Naokata branch in Baksa, Naokata, 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 NESF0000173. 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, Naokata, Baksa
Here are the key points that are associated with the IFSC Code NESF0000173 of North East Small Finance Bank Limited for its branch located in Baksa, within the district of Naokata in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | North East Small Finance Bank Limited |
| IFSC Code | NESF0000173 |
| Branch | Naokata |
| City | Baksa |
| District | Naokata |
| State | Assam |
| Address | Pachim Naowkata,P.O-Nowkata,P.S-Goreswar,Dist-Baksa Btad Pin-781364,Assam |
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 NESF0000173 for the Naokata 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 Naokata, Baksa, Assam, is provided a unique IFSC like NESF0000173 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 Naokata.
- 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 Naokata do not get misguided to another person.
Format of the IFSC Code NESF0000173
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 Naokata in Baksa.
For example, the IFSC Code NESF0000173 of North East Small Finance Bank Limited for the Naokata 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?
If you are trying to find the IFSC Code NESF0000173 of North East Small Finance Bank Limited for its Naokata branch located in Baksa, the following methods can help:
Cheque Book
The cheque book issued by North East Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including North East Small Finance Bank Limited branches in Baksa and Naokata, print them on the first page of your passbook.
Bank Website
Visit the official website of North East Small Finance Bank Limited and navigate to the branch locator section. Search for Naokata or Baksa to get the exact IFSC Code NESF0000173.
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 keeps an updated list of all IFSC codes. If you search for North East Small Finance Bank Limited and Baksa, you'll get the correct details.
How to Use IFSC Code NESF0000173 for Online Transfers?
Once you have the IFSC Code NESF0000173 for the Naokata branch of North East Small Finance Bank Limited in Baksa, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code NESF0000173. The transfer is completed in batches instead of instantly. It is useful for both 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 NESF0000173.
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 Naokata in Baksa, your payment can get delayed or might not go through at all.
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 Naokata, 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 of the Naokata Baksa branch is NESF0000173.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Pachim Naowkata,P.O-Nowkata,P.S-Goreswar,Dist-Baksa Btad Pin-781364,Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.