IFSC Code of North East Small Finance Bank Limited, Bokakhat, Bokakhat, Assam — NESF0000020

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of North East Small Finance Bank Limited for its Bokakhat branch in Golaghat, Bokakhat, or Assam, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of North East Small Finance Bank Limited located in Golaghat or anywhere in Assam can transfer funds instantly by using the correct IFSC Code NESF0000020. You should definitely 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, Bokakhat, Golaghat

Below in the table are the key details related to IFSC Code NESF0000020 of North East Small Finance Bank Limited for its branch located in Golaghat, within the district of Bokakhat in the state of Assam.

These details helps users in online banking and for businesses and individuals who use North East Small Finance Bank Limited in Golaghat for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000020 for the Bokakhat 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, including North East Small Finance Bank Limited located in Bokakhat, Golaghat, Assam, is provided with a unique IFSC like NESF0000020 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 Golaghat.
• 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 Golaghat and Bokakhat.
• 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 Assam and the rest of India and the IFSC Code ensures that transactions meant for North East Small Finance Bank Limited in Bokakhat do not get mixed with another location.

Format of the IFSC Code NESF0000020

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 Bokakhat in Golaghat.

For example, the IFSC Code NESF0000020 of North East Small Finance Bank Limited for the Bokakhat branch includes these elements, identifying the bank and the branch location in Golaghat and Assam accurately.

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

If you are trying to find the IFSC Code NESF0000020 of North East Small Finance Bank Limited for its Bokakhat branch located in Golaghat, 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

You can easily find the IFSC and MICR codes because most banks, including North East Small Finance Bank Limited branches in Golaghat and Bokakhat, print them 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 Bokakhat or Golaghat to get the exact IFSC Code NESF0000020.

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 Golaghat, you'll get the correct details.

How to Use IFSC Code NESF0000020 for Online Transfers?

Once you have the IFSC Code NESF0000020 for the Bokakhat branch of North East Small Finance Bank Limited in Golaghat, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code NESF0000020. 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 NESF0000020.

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 Bokakhat in Golaghat, 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 Bokakhat, 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 Golaghat to handle online money transfers and get their cheques cleared smoothly.