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 Sipajhar branch in Darrang, Sipajhar, 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 Darrang or anywhere in Assam can transfer funds instantly by using the correct IFSC Code NESF0000116. 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, Sipajhar, Darrang

The table below shows the main details of the IFSC Code NESF0000116 for the North East Small Finance Bank Limited branch in Darrang, which falls under the Sipajhar district in Assam.

Particulars Details
Bank North East Small Finance Bank Limited
IFSC Code NESF0000116
Branch Sipajhar
City Darrang
District Sipajhar
State Assam
Address Bhuktabari,Dakanpara,P.O Sipajhar,P.S-Sipajhar

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 Darrang for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000116 for the Sipajhar 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, 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 Sipajhar, Darrang, Assam, are allotted a unique IFSC like NESF0000116 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Darrang.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Darrang and Sipajhar.
  • 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 Sipajhar reaches the right place, even though there are thousands of branches in Assam and across India.

Format of the IFSC Code NESF0000116

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 Sipajhar in Darrang.

For example, the IFSC Code NESF0000116 of North East Small Finance Bank Limited for the Sipajhar branch includes these elements, identifying the bank and the branch location in Darrang and Assam correctly.

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

If you are trying to find the IFSC Code NESF0000116 of North East Small Finance Bank Limited for its Sipajhar branch located in Darrang, 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 Darrang and Sipajhar, 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 Sipajhar or Darrang to get the exact IFSC Code NESF0000116.

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 Darrang, you'll get the correct details.

How to Use IFSC Code NESF0000116 for Online Transfers?

Once you have the IFSC Code NESF0000116 for the Sipajhar branch of North East Small Finance Bank Limited in Darrang, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code NESF0000116. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 NESF0000116.

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 Sipajhar in Darrang, 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 Sipajhar, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Darrang manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of North East Small Finance Bank Limited in Sipajhar, Darrang?

The IFSC Code is NESF0000116.

Is the IFSC Code NESF0000116 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of North East Small Finance Bank Limited Sipajhar?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Sipajhar branch?

The address of the branch is Bhuktabari,Dakanpara,P.O Sipajhar,P.S-Sipajhar located in Darrang, Sipajhar, 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.