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 Borborua branch in Dibrugarh, Borborua, 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 Dibrugarh or anywhere in Assam can transfer funds instantly by using the correct IFSC Code NESF0000132. 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, Borborua, Dibrugarh
Here are the main details that are associated with the IFSC Code NESF0000132 of North East Small Finance Bank Limited for its branch located in Dibrugarh, within the district of Borborua in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | North East Small Finance Bank Limited |
| IFSC Code | NESF0000132 |
| Branch | Borborua |
| City | Dibrugarh |
| District | Borborua |
| State | Assam |
| Address | House No.-288,Ward No-3,Barbaruah Burahazar Konwar Gaon,P.O-Barbaruah,P.S - Barbaruah |
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 Dibrugarh for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code NESF0000132 for the Borborua 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 Borborua, Dibrugarh, Assam, are given a unique IFSC like NESF0000132 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dibrugarh.
- 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 Dibrugarh and Borborua.
- 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 Borborua 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 NESF0000132
This is the format of the IFSC Code for banks, including North East Small Finance Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For North East Small Finance Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Borborua in Dibrugarh.
For example, the IFSC Code NESF0000132 of North East Small Finance Bank Limited for the Borborua branch includes these elements, identifying the bank and the branch location in Dibrugarh and Assam accurately.
How to Find IFSC Code for North East Small Finance Bank Limited?
If you are trying to find the IFSC Code NESF0000132 of North East Small Finance Bank Limited for its Borborua branch located in Dibrugarh, 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
Most banks, including North East Small Finance Bank Limited branches in Dibrugarh and Borborua, print the IFSC and MICR codes 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 Borborua or Dibrugarh to get the exact IFSC Code NESF0000132.
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 Dibrugarh, you'll get the correct details.
How to Use IFSC Code NESF0000132 for Online Transfers?
Once you have the IFSC Code NESF0000132 for the Borborua branch of North East Small Finance Bank Limited in Dibrugarh, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code NESF0000132. 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 NESF0000132.
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 Borborua in Dibrugarh, 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 Borborua, 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 Dibrugarh to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is NESF0000132.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is House No.-288,Ward No-3,Barbaruah Burahazar Konwar Gaon,P.O-Barbaruah,P.S - Barbaruah located in Dibrugarh, Borborua, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.