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 Teok branch in Jorhat, Teok, 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 Jorhat or anywhere in Assam can transfer funds instantly by using the correct IFSC Code NESF0000040. 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, Teok, Jorhat

Here are the key points that are associated with the IFSC Code NESF0000040 of North East Small Finance Bank Limited for its branch located in Jorhat, within the district of Teok in the state of Assam.

Particulars Details
Bank North East Small Finance Bank Limited
IFSC Code NESF0000040
Branch Teok
City Jorhat
District Teok
State Assam
Address At Road,Teok,Po.Teok,Ps.Teok

These details help users in online banking and for businesses and individuals who use North East Small Finance Bank Limited in Jorhat for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000040 for the Teok branch of North East Small Finance Bank Limited has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like NESF0000040 is given to every bank branch, including North East Small Finance Bank Limited located in Teok, Jorhat, Assam, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the North East Small Finance Bank Limited branch in Jorhat.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Jorhat and Teok.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Assam and the rest of India, which is why the IFSC Code ensures that transactions meant for North East Small Finance Bank Limited in Teok doesn't end up at another location.

Format of the IFSC Code NESF0000040

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 Teok in Jorhat.

For example, the IFSC Code NESF0000040 of North East Small Finance Bank Limited for the Teok branch includes these elements, identifying the bank and the branch location in Jorhat and Assam accurately.

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

If you are looking for the IFSC Code NESF0000040 of North East Small Finance Bank Limited for its Teok branch located in Jorhat, 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 Jorhat and Teok, 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 Teok or Jorhat to get the exact IFSC Code NESF0000040.

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 Jorhat, then it will provide you proper information.

How to Use IFSC Code NESF0000040 for Online Transfers?

Once you have the IFSC Code NESF0000040 for the Teok branch of North East Small Finance Bank Limited in Jorhat, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code NESF0000040. 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 NESF0000040.

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 Teok in Jorhat, 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 Teok, 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 Jorhat manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

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

The IFSC Code is NESF0000040.

Is the IFSC Code NESF0000040 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 Teok?

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 Teok branch?

The address of the branch is At Road,Teok,Po.Teok,Ps.Teok located in Jorhat, Teok, 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.