IFSC Code of North East Small Finance Bank Limited, Shillong, Shillong, Meghalaya — NESF0000087

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 Shillong branch in East Khasi, Shillong, Meghalaya, 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 East Khasi or anywhere in Meghalaya can transfer funds instantly by using the correct IFSC Code NESF0000087. 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, Shillong, East Khasi

Here are the main details that are associated with the IFSC Code NESF0000087 of North East Small Finance Bank Limited for its branch located in East Khasi, within the district of Shillong in the state of Meghalaya.

These details are crucial, not just for online banking users but also for businesses and individuals who use North East Small Finance Bank Limited in East Khasi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000087 for the Shillong branch of North East Small Finance Bank Limited has 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, including North East Small Finance Bank Limited located in Shillong, East Khasi, Meghalaya, is provided with a unique IFSC like NESF0000087 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 East Khasi.
• 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 East Khasi and Shillong.
• 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 Meghalaya and the rest of India and the IFSC Code ensures that transactions meant for North East Small Finance Bank Limited in Shillong do not get mixed with another location.

Format of the IFSC Code NESF0000087

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): 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 Shillong in East Khasi.

For example, the IFSC Code NESF0000087 of North East Small Finance Bank Limited for the Shillong branch includes these elements, identifying the bank and the branch location in East Khasi and Meghalaya accurately.

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

To find the IFSC Code NESF0000087 of North East Small Finance Bank Limited for its Shillong branch located in East Khasi, the following methods can help you out:

Cheque Book

The cheque book issued by North East Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including North East Small Finance Bank Limited branches in East Khasi and Shillong, 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 go to the branch locator section. Then search for Shillong or East Khasi to find the exact IFSC Code NESF0000087.

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 maintains an updated database of all IFSC codes. Searching for North East Small Finance Bank Limited and East Khasi will provide accurate information.

How to Use IFSC Code NESF0000087 for Online Transfers?

Once you have the IFSC Code NESF0000087 for the Shillong branch of North East Small Finance Bank Limited in East Khasi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code NESF0000087. 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 NESF0000087.

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 Shillong in East Khasi, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of North East Small Finance Bank Limited in Shillong, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in East Khasi manage their online transfers and cheque clearances easily.