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 Simla Hazuwa branch in Baksa, Simla Hazuwa, 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 NESF0000221. 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, Simla Hazuwa, Baksa
The table below shows the main details of the IFSC Code NESF0000221 for the North East Small Finance Bank Limited branch in Baksa, which falls under the Simla Hazuwa district in Assam.
| Particulars | Details |
|---|---|
| Bank | North East Small Finance Bank Limited |
| IFSC Code | NESF0000221 |
| Branch | Simla Hazuwa |
| City | Baksa |
| District | Simla Hazuwa |
| State | Assam |
| Address | Yao0,Villhazuwa,Simla,P.Osimla,P.S Simla,Distaksa,Assam,Pi78127 |
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 NESF0000221 for the Simla Hazuwa 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, along with North East Small Finance Bank Limited located in Simla Hazuwa, Baksa, Assam, are allotted a unique IFSC like NESF0000221 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Baksa.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Baksa and Simla Hazuwa.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to North East Small Finance Bank Limited in Simla Hazuwa reaches the right place, even though there are thousands of branches in Assam and across India.
Format of the IFSC Code NESF0000221
The format of the IFSC Code for banks, including North East Small Finance Bank Limited, follows 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 Simla Hazuwa in Baksa.
For example, the IFSC Code NESF0000221 of North East Small Finance Bank Limited for the Simla Hazuwa 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 NESF0000221 of North East Small Finance Bank Limited for its Simla Hazuwa 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
Most banks, including North East Small Finance Bank Limited branches in Baksa and Simla Hazuwa, print the IFSC and MICR codes 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 Simla Hazuwa or Baksa to get the exact IFSC Code NESF0000221.
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 NESF0000221 for Online Transfers?
If you have the IFSC Code NESF0000221 for the Simla Hazuwa 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 NESF0000221. 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 NESF0000221.
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 Simla Hazuwa 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 Simla Hazuwa, 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 NESF0000221.
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 Yao0,Villhazuwa,Simla,P.Osimla,P.S Simla,Distaksa,Assam,Pi78127 located in Baksa, Simla Hazuwa, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.