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 Singjamei branch in Imphal, Singjamei, Manipur, 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 Imphal or anywhere in Manipur can transfer funds instantly by using the correct IFSC Code NESF0000167. 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, Singjamei, Imphal
The table below shows the main details of the IFSC Code NESF0000167 for the North East Small Finance Bank Limited branch in Imphal, which falls under the Singjamei district in Manipur.
| Particulars | Details |
|---|---|
| Bank | North East Small Finance Bank Limited |
| IFSC Code | NESF0000167 |
| Branch | Singjamei |
| City | Imphal |
| District | Singjamei |
| State | Manipur |
| Address | Singjamei,P.O-Imphal,P.S-Singjamei,Dist-Imphal ( West),Manipur |
These details are essential not only for online banking users but also for businesses and individuals who use North East Small Finance Bank Limited in Imphal for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000167 for the Singjamei branch of North East Small Finance Bank Limited plays 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, along with North East Small Finance Bank Limited located in Singjamei, Imphal, Manipur, are allotted a unique IFSC like NESF0000167 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Imphal.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Imphal and Singjamei.
- 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 Singjamei reaches the right place, even though there are thousands of branches in Manipur and across India.
Format of the IFSC Code NESF0000167
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 Singjamei in Imphal.
For example, the IFSC Code NESF0000167 of North East Small Finance Bank Limited for the Singjamei branch includes these elements, identifying the bank and the branch location in Imphal and Manipur accurately.
How to Find IFSC Code for North East Small Finance Bank Limited?
If you are trying to find the IFSC Code NESF0000167 of North East Small Finance Bank Limited for its Singjamei branch located in Imphal, 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 Imphal and Singjamei, 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 Singjamei or Imphal to get the exact IFSC Code NESF0000167.
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 Imphal, you'll get the correct details.
How to Use IFSC Code NESF0000167 for Online Transfers?
Once you have the IFSC Code NESF0000167 for the Singjamei branch of North East Small Finance Bank Limited in Imphal, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code NESF0000167. 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 NESF0000167.
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 Singjamei in Imphal, 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 Singjamei, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Imphal manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is NESF0000167.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Singjamei,P.O-Imphal,P.S-Singjamei,Dist-Imphal ( West),Manipur located in Imphal, Singjamei, Manipur.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.