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 Bijni branch in Chirang, Bongaigaon, 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 NESF0000059. 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, Bijni, Chirang
Below in the table are the key details related to IFSC Code NESF0000059 of North East Small Finance Bank Limited for its branch located in Chirang, within the district of Bongaigaon in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | North East Small Finance Bank Limited |
| IFSC Code | NESF0000059 |
| Branch | Bijni |
| City | Chirang |
| District | Bongaigaon |
| State | Assam |
| Address | Bijni Town,P.O-Bijni,P.S-Bijni,Pin-783390,Assam |
These details helps users in online banking and for businesses and individuals who use North East Small Finance Bank Limited in Chirang for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000059 for the Bijni 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 that is provided by the Reserve Bank of India. A unique IFSC like NESF0000059 is given to every bank branch, including North East Small Finance Bank Limited located in Bijni, Chirang, Assam, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the North East Small Finance Bank Limited branch in Chirang.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Chirang and Bongaigaon.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Assam and the rest of India, which is why the IFSC Code ensures that transactions meant for North East Small Finance Bank Limited in Bijni doesn't end up at another location.
Format of the IFSC Code NESF0000059
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): These represent the bank code. In North East Small Finance Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Bijni in Chirang.
For example, the IFSC Code NESF0000059 of North East Small Finance Bank Limited for the Bijni branch has these elements, identifying the bank and the branch location in Chirang and Assam correctly.
How to Find IFSC Code for North East Small Finance Bank Limited?
If you are looking for the IFSC Code NESF0000059 of North East Small Finance Bank Limited for its Bijni branch located in Chirang, the following methods can help:
Cheque Book
The cheque book that is issued by North East Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including North East Small Finance Bank Limited branches in Chirang and Bongaigaon, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of North East Small Finance Bank Limited and look for the branch locator section, then search for Bijni or Chirang to get the exact IFSC Code NESF0000059.
Mobile Banking App
If you use North East Small Finance Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for North East Small Finance Bank Limited and Chirang, then it will provide you proper information.
How to Use IFSC Code NESF0000059 for Online Transfers?
Once you have the IFSC Code NESF0000059 for the Bijni branch of North East Small Finance Bank Limited in Chirang, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code NESF0000059. 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 NESF0000059.
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 Bijni in Chirang, 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 Bijni, 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 Chirang to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is NESF0000059.
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 Bijni Town,P.O-Bijni,P.S-Bijni,Pin-783390,Assam located in Chirang, Bongaigaon, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.