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 Chapar branch in Dhubri, Chapar, 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 Dhubri or anywhere in Assam can easily transfer funds instantly by using the correct IFSC Code NESF0000024. 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, Chapar, Dhubri

Here are some of the key details that come with the IFSC Code NESF0000024 of North East Small Finance Bank Limited for its branch located in Dhubri, within the district of Chapar in the state of Assam.

Particulars Details
Bank North East Small Finance Bank Limited
IFSC Code NESF0000024
Branch Chapar
City Dhubri
District Chapar
State Assam
Address Ward No.7,Rawmari,Po.Chapar,Ps.Chapar

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 Dhubri for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000024 for the Chapar 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including North East Small Finance Bank Limited located in Chapar, Dhubri, Assam, is provided a unique IFSC like NESF0000024 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the North East Small Finance Bank Limited branch in Dhubri.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Dhubri and Chapar.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Assam and the rest of India, the IFSC Code ensures that transactions meant for North East Small Finance Bank Limited in Chapar do not get misguided to another person.

Format of the IFSC Code NESF0000024

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 Chapar in Dhubri.

For example, the IFSC Code NESF0000024 of North East Small Finance Bank Limited for the Chapar branch has these elements, identifying the bank and the branch location in Dhubri and Assam correctly.

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

If you are trying to find the IFSC Code NESF0000024 of North East Small Finance Bank Limited for its Chapar branch located in Dhubri, 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 Dhubri and Chapar, 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 Chapar or Dhubri to get the exact IFSC Code NESF0000024.

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 Dhubri that will provide accurate information.

How to Use IFSC Code NESF0000024 for Online Transfers?

Once you have the IFSC Code NESF0000024 for the Chapar branch of North East Small Finance Bank Limited in Dhubri, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code NESF0000024. 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 NESF0000024.

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 Chapar in Dhubri 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 Chapar, 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 Dhubri 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 Chapar, Dhubri?

The IFSC Code is NESF0000024.

Is the IFSC Code NESF0000024 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Chapar branch?

The address of the branch is Ward No.7,Rawmari,Po.Chapar,Ps.Chapar located in Dhubri, Chapar, 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.