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 Lakhipur branch in Goalpara, Lakhipur, 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 NESF0000200. 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, Lakhipur, Goalpara

Here are some of the key details that come with the IFSC Code NESF0000200 of North East Small Finance Bank Limited for its branch located in Goalpara, within the district of Lakhipur in the state of Assam.

Particulars Details
Bank North East Small Finance Bank Limited
IFSC Code NESF0000200
Branch Lakhipur
City Goalpara
District Lakhipur
State Assam
Address Rajbari ( Borotaraf),Ward No-2,Lakhipur Town,P.O - Lakhipur,P.S - Lakhipur,Dist-Goalpara,Assam,Pin-783129

These details helps users in online banking and for businesses and individuals who use North East Small Finance Bank Limited in Goalpara for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000200 for the Lakhipur branch of North East Small Finance Bank Limited plays a vital 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, along with North East Small Finance Bank Limited located in Lakhipur, Goalpara, Assam, are allotted a unique IFSC like NESF0000200 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Goalpara.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Goalpara and Lakhipur.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to North East Small Finance Bank Limited in Lakhipur reaches the right place, even though there are thousands of branches in Assam and across India.

Format of the IFSC Code NESF0000200

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 Lakhipur in Goalpara.

For example, the IFSC Code NESF0000200 of North East Small Finance Bank Limited for the Lakhipur branch includes these elements, identifying the bank and the branch location in Goalpara and Assam accurately.

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

If you are looking for the IFSC Code NESF0000200 of North East Small Finance Bank Limited for its Lakhipur branch located in Goalpara, the following methods can help:

Cheque Book

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

Passbook

Most of the banks, including North East Small Finance Bank Limited branches in Goalpara and Lakhipur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of North East Small Finance Bank Limited and look for the branch locator section, then search for Lakhipur or Goalpara to get the exact IFSC Code NESF0000200.

Mobile Banking App

If you use North East Small Finance Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for North East Small Finance Bank Limited and Goalpara, then it will provide you proper information.

How to Use IFSC Code NESF0000200 for Online Transfers?

Once you have the IFSC Code NESF0000200 for the Lakhipur branch of North East Small Finance Bank Limited in Goalpara, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code NESF0000200. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and North East Small Finance Bank Limited IFSC Code NESF0000200.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for North East Small Finance Bank Limited Lakhipur in Goalpara, it can 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 Lakhipur, 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 Goalpara to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

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

The IFSC Code is NESF0000200.

Is the IFSC Code NESF0000200 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 Lakhipur?

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 Lakhipur branch?

The address of the branch is Rajbari ( Borotaraf),Ward No-2,Lakhipur Town,P.O - Lakhipur,P.S - Lakhipur,Dist-Goalpara,Assam,Pin-783129 located in Goalpara, Lakhipur, 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.