For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of North East Small Finance Bank Limited for its Silapathar branch in Dhemaji, Silapathar, Assam, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of North East Small Finance Bank Limited located in Dhemaji or anywhere in Assam can transfer funds instantly by using the correct IFSC Code NESF0000124. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for North East Small Finance Bank Limited, Silapathar, Dhemaji
The table below shows the main details of the IFSC Code NESF0000124 for the North East Small Finance Bank Limited branch in Dhemaji, which falls under the Silapathar district in Assam.
| Particulars | Details |
|---|---|
| Bank | North East Small Finance Bank Limited |
| IFSC Code | NESF0000124 |
| Branch | Silapathar |
| City | Dhemaji |
| District | Silapathar |
| State | Assam |
| Address | Ward No 7 Po And Ps Silapathar Dist Dhemaji Assam Pin 787059 |
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 Dhemaji for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code NESF0000124 for the Silapathar 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, including North East Small Finance Bank Limited located in Silapathar, Dhemaji, Assam, is provided with a unique IFSC like NESF0000124 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the North East Small Finance Bank Limited branch in Dhemaji.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Dhemaji and Silapathar.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Assam and the rest of India and the IFSC Code ensures that transactions meant for North East Small Finance Bank Limited in Silapathar do not get mixed with another location.
Format of the IFSC Code NESF0000124
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 Silapathar in Dhemaji.
For example, the IFSC Code NESF0000124 of North East Small Finance Bank Limited for the Silapathar branch has these elements, identifying the bank and the branch location in Dhemaji and Assam correctly.
How to Find IFSC Code for North East Small Finance Bank Limited?
If you are trying to find the IFSC Code NESF0000124 of North East Small Finance Bank Limited for its Silapathar branch located in Dhemaji, 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 Dhemaji and Silapathar, 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 Silapathar or Dhemaji to get the exact IFSC Code NESF0000124.
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 Dhemaji, you'll get the correct details.
How to Use IFSC Code NESF0000124 for Online Transfers?
If you have the IFSC Code NESF0000124 for the Silapathar branch of North East Small Finance Bank Limited in Dhemaji, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code NESF0000124. 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 NESF0000124.
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 Silapathar in Dhemaji, 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 Silapathar, 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 Dhemaji to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is NESF0000124.
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 Ward No 7 Po And Ps Silapathar Dist Dhemaji Assam Pin 787059 located in Dhemaji, Silapathar, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.