IFSC Code of North East Small Finance Bank Limited, Basugaon, Basugaon, Assam — NESF0000172

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 Basugaon branch in Chirang, Basugaon, 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 Chirang or anywhere in Assam can transfer funds instantly by using the correct IFSC Code NESF0000172. 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, Basugaon, Chirang

Here are the main details that are associated with the IFSC Code NESF0000172 of North East Small Finance Bank Limited for its branch located in Chirang, within the district of Basugaon in the state of Assam.

These details are important not only for users using online banking but also for businesses and individuals who use North East Small Finance Bank Limited in Chirang for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code NESF0000172 for the Basugaon branch of North East Small Finance Bank Limited is vital.

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 Basugaon, Chirang, Assam, are given a unique IFSC like NESF0000172 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Chirang.
• 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 Chirang and Basugaon.
• 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 Basugaon 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 NESF0000172

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 of this:

• First 4 characters (AAAA): Represent the bank code. For North East Small Finance Bank Limited, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Basugaon in Chirang.

For example, the IFSC Code NESF0000172 of North East Small Finance Bank Limited for the Basugaon branch includes these elements, identifying the bank and the branch location in Chirang and Assam accurately.

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

If you are trying to find the IFSC Code NESF0000172 of North East Small Finance Bank Limited for its Basugaon branch located in Chirang, 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 Chirang and Basugaon, 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 Basugaon or Chirang to get the exact IFSC Code NESF0000172.

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 Chirang that will provide accurate information.

How to Use IFSC Code NESF0000172 for Online Transfers?

Once you have the IFSC Code NESF0000172 for the Basugaon branch of North East Small Finance Bank Limited in Chirang, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code NESF0000172. 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 NESF0000172.

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 Basugaon in Chirang may 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 Basugaon, 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 Chirang manage their online transfers and cheque clearances easily.