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 Balikuchi branch in Kamrup, Balikuchi, 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 Kamrup or anywhere in Assam can easily transfer funds instantly by using the correct IFSC Code NESF0000174. 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, Balikuchi, Kamrup
Here are the key points that are associated with the IFSC Code NESF0000174 of North East Small Finance Bank Limited for its branch located in Kamrup, within the district of Balikuchi in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | North East Small Finance Bank Limited |
| IFSC Code | NESF0000174 |
| Branch | Balikuchi |
| City | Kamrup |
| District | Balikuchi |
| State | Assam |
| Address | House No-116,Mahipalkuchi,P.O-Balikuchi,P.S-Baihata Chariali,Dist-Kamrup,Pin-781381,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 Kamrup for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code NESF0000174 for the Balikuchi 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, 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 Balikuchi, Kamrup, Assam, are given a unique IFSC like NESF0000174 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kamrup.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Kamrup and Balikuchi.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to North East Small Finance Bank Limited in Balikuchi goes to the correct branch. This is important because North East Small Finance Bank Limited has thousands of branches in Assam and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code NESF0000174
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 Balikuchi in Kamrup.
For example, the IFSC Code NESF0000174 of North East Small Finance Bank Limited for the Balikuchi branch includes these elements, identifying the bank and the branch location in Kamrup and Assam accurately.
How to Find IFSC Code for North East Small Finance Bank Limited?
If you are trying to find the IFSC Code NESF0000174 of North East Small Finance Bank Limited for its Balikuchi branch located in Kamrup, 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 Kamrup and Balikuchi, 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 Balikuchi or Kamrup to get the exact IFSC Code NESF0000174.
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 Kamrup, you'll get the correct details.
How to Use IFSC Code NESF0000174 for Online Transfers?
Once you have the IFSC Code NESF0000174 for the Balikuchi branch of North East Small Finance Bank Limited in Kamrup, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code NESF0000174. Transfers are processed in batches. This is 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. Requires the recipient's account details and North East Small Finance Bank Limited IFSC Code NESF0000174.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for North East Small Finance Bank Limited Balikuchi in Kamrup may 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 Balikuchi, 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 Kamrup manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Balikuchi Kamrup branch is NESF0000174.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at House No-116,Mahipalkuchi,P.O-Balikuchi,P.S-Baihata Chariali,Dist-Kamrup,Pin-781381,Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.