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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of North East Small Finance Bank Limited for its Tulasikhar branch in Khowai, Khowai, Tripura, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of North East Small Finance Bank Limited located in Khowai or anywhere in Tripura can transfer funds instantly by using the correct IFSC Code NESF0000243. 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, Tulasikhar, Khowai

Below in the table are the key details related to IFSC Code NESF0000243 of North East Small Finance Bank Limited for its branch located in Khowai, within the district of Khowai in the state of Tripura.

Particulars Details
Bank North East Small Finance Bank Limited
IFSC Code NESF0000243
Branch Tulasikhar
City Khowai
District Khowai
State Tripura
Address Rajnagar,Tulashikhar,Opposite Chetuwang Community Hall,Rajnagar,P.O-Rajnagar,P.S-Champahour,Dist-Khowai,Tripura,Pin-799207

These details help users in online banking and for businesses and individuals who use North East Small Finance Bank Limited in Khowai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000243 for the Tulasikhar 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including North East Small Finance Bank Limited located in Tulasikhar, Khowai, Tripura, is provided a unique IFSC like NESF0000243 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the North East Small Finance Bank Limited branch in Khowai.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Khowai and Khowai.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Tripura and the rest of India, the IFSC Code ensures that transactions meant for North East Small Finance Bank Limited in Tulasikhar do not get misguided to another person.

Format of the IFSC Code NESF0000243

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): These represent the bank code. In North East Small Finance Bank Limited, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Tulasikhar in Khowai.

For example, the IFSC Code NESF0000243 of North East Small Finance Bank Limited for the Tulasikhar branch has these elements, identifying the bank and the branch location in Khowai and Tripura correctly.

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

If you are trying to find the IFSC Code NESF0000243 of North East Small Finance Bank Limited for its Tulasikhar branch located in Khowai, the following methods can help:

Cheque Book

The cheque books that are issued by North East Small Finance Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including North East Small Finance Bank Limited branches in Khowai and Khowai, 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 find the branch locator section. Search for Tulasikhar or Khowai to get the exact IFSC Code NESF0000243.

Mobile Banking App

If you use North East Small Finance Bank Limited's mobile app, you can easily 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 to help you in searching for North East Small Finance Bank Limited and Khowai that will provide accurate information.

How to Use IFSC Code NESF0000243 for Online Transfers?

Once you have the IFSC Code NESF0000243 for the Tulasikhar branch of North East Small Finance Bank Limited in Khowai, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code NESF0000243. 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 NESF0000243.

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 Tulasikhar in Khowai, 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 Tulasikhar, 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 Khowai 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 Tulasikhar Khowai?

The IFSC Code of the Tulasikhar Khowai branch is NESF0000243.

Is IFSC Code NESF0000243 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the North East Small Finance Bank Limited Tulasikhar branch?

The branch is located at Rajnagar,Tulashikhar,Opposite Chetuwang Community Hall,Rajnagar,P.O-Rajnagar,P.S-Champahour,Dist-Khowai,Tripura,Pin-799207.

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.