There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of North East Small Finance Bank Limited for its Chalanthapara branch in Bongaigaon, Boitamari, Assam, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of North East Small Finance Bank Limited situated in Bongaigaon or anywhere in Assam can easily transfer funds instantly by using the correct IFSC Code NESF0000039. You should 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, Chalanthapara, Bongaigaon

Below in the table are the key details related to IFSC Code NESF0000039 of North East Small Finance Bank Limited for its branch located in Bongaigaon, within the district of Boitamari in the state of Assam.

Particulars Details
Bank North East Small Finance Bank Limited
IFSC Code NESF0000039
Branch Chalanthapara
City Bongaigaon
District Boitamari
State Assam
Address Chalantapara,Po.Chalantapara,Pin-783 388,Assam

These details are crucial, not just for online banking users but also for businesses and individuals who use North East Small Finance Bank Limited in Bongaigaon for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000039 for the Chalanthapara branch of North East Small Finance Bank Limited has 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, along with North East Small Finance Bank Limited located in Chalanthapara, Bongaigaon, Assam, are given a unique IFSC like NESF0000039 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Bongaigaon.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Bongaigaon and Boitamari.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to North East Small Finance Bank Limited in Chalanthapara goes to the correct branch. This is important because North East Small Finance Bank Limited has thousands of branches in Assam and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code NESF0000039

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 Chalanthapara in Bongaigaon.

For example, the IFSC Code NESF0000039 of North East Small Finance Bank Limited for the Chalanthapara branch includes these elements, identifying the bank and the branch location in Bongaigaon and Assam correctly.

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

If you are trying to find the IFSC Code NESF0000039 of North East Small Finance Bank Limited for its Chalanthapara branch located in Bongaigaon, 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 Bongaigaon and Boitamari, 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 Chalanthapara or Bongaigaon to get the exact IFSC Code NESF0000039.

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 Bongaigaon, you'll get the correct details.

How to Use IFSC Code NESF0000039 for Online Transfers?

Once you have the IFSC Code NESF0000039 for the Chalanthapara branch of North East Small Finance Bank Limited in Bongaigaon, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code NESF0000039. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and North East Small Finance Bank Limited IFSC Code NESF0000039.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for North East Small Finance Bank Limited Chalanthapara in Bongaigaon, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of North East Small Finance Bank Limited in Chalanthapara, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Bongaigaon manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of North East Small Finance Bank Limited Chalanthapara Bongaigaon?

The IFSC Code of the Chalanthapara Bongaigaon branch is NESF0000039.

Is IFSC Code NESF0000039 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the North East Small Finance Bank Limited Chalanthapara branch?

The branch is located at Chalantapara,Po.Chalantapara,Pin-783 388,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.