IFSC Code of North East Small Finance Bank Limited, Borkat Gaon, Sonapur, Assam — NESF0000054

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 Borkat Gaon branch in Kamrup, Sonapur, Assam, 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 Kamrup or anywhere in Assam can transfer funds instantly by using the correct IFSC Code NESF0000054. 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, Borkat Gaon, Kamrup

Below in the table are the key details related to IFSC Code NESF0000054 of North East Small Finance Bank Limited for its branch located in Kamrup, within the district of Sonapur in the state of Assam.

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 Kamrup for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000054 for the Borkat Gaon 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 that is provided by the Reserve Bank of India. A unique IFSC like NESF0000054 is given to every bank branch, including North East Small Finance Bank Limited located in Borkat Gaon, Kamrup, 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 Kamrup.
• 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 Kamrup and Sonapur.
• 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 Borkat Gaon doesn't end up at another location.

Format of the IFSC Code NESF0000054

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 of this:

• First 4 characters (AAAA): Represent the bank code. For North East Small Finance Bank Limited, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Borkat Gaon in Kamrup.

For example, the IFSC Code NESF0000054 of North East Small Finance Bank Limited for the Borkat Gaon 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?

To find the IFSC Code NESF0000054 of North East Small Finance Bank Limited for its Borkat Gaon branch located in Kamrup, the following methods can help you out:

Cheque Book

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

Passbook

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

Bank Website

Visit the official website of North East Small Finance Bank Limited and go to the branch locator section. Then search for Borkat Gaon or Kamrup to find the exact IFSC Code NESF0000054.

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 maintains an updated database of all IFSC codes. Searching for North East Small Finance Bank Limited and Kamrup will provide accurate information.

How to Use IFSC Code NESF0000054 for Online Transfers?

If you have the IFSC Code NESF0000054 for the Borkat Gaon branch of North East Small Finance Bank Limited in Kamrup, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code NESF0000054. Transfers are processed in batches. 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. Asks for the recipient's account details and North East Small Finance Bank Limited IFSC Code NESF0000054.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for North East Small Finance Bank Limited Borkat Gaon in Kamrup, it 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 Borkat Gaon, 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.