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 Goalpara branch in Goalpara, Goalpara, 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 Goalpara or anywhere in Assam can easily transfer funds instantly by using the correct IFSC Code NESF0000034. 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, Goalpara, Goalpara

Here are some of the key details that come with the IFSC Code NESF0000034 of North East Small Finance Bank Limited for its branch located in Goalpara, within the district of Goalpara in the state of Assam.

Particulars Details
Bank North East Small Finance Bank Limited
IFSC Code NESF0000034
Branch Goalpara
City Goalpara
District Goalpara
State Assam
Address Bapujinagar,Po.Baladmari,Ps.Goalpara,Pin-783121,Assam

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 Goalpara for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code NESF0000034 for the Goalpara 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, 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 Goalpara, Goalpara, Assam, is provided a unique IFSC like NESF0000034 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 Goalpara.
  • 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 Goalpara and Goalpara.
  • 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 Goalpara do not get misguided to another person.

Format of the IFSC Code NESF0000034

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 Goalpara in Goalpara.

For example, the IFSC Code NESF0000034 of North East Small Finance Bank Limited for the Goalpara branch includes these elements, identifying the bank and the branch location in Goalpara and Assam correctly.

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

To find the IFSC Code NESF0000034 of North East Small Finance Bank Limited for its Goalpara branch located in Goalpara, 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 Goalpara and Goalpara, 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 Goalpara or Goalpara to find the exact IFSC Code NESF0000034.

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 Goalpara will provide accurate information.

How to Use IFSC Code NESF0000034 for Online Transfers?

If you have the IFSC Code NESF0000034 for the Goalpara branch of North East Small Finance Bank Limited in Goalpara, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code NESF0000034. 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 NESF0000034.

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 Goalpara in Goalpara, it may result in delayed or failed transactions.

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 Goalpara, 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 Goalpara manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

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

The IFSC Code is NESF0000034.

Is the IFSC Code NESF0000034 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 Goalpara?

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 Goalpara branch?

The address of the branch is Bapujinagar,Po.Baladmari,Ps.Goalpara,Pin-783121,Assam located in Goalpara, Goalpara, 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.