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 Mathabhanga branch in Koch Bihar, Mathabhanga, West Bengal, 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 Koch Bihar or anywhere in West Bengal can easily transfer funds instantly by using the correct IFSC Code NESF0000159. 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, Mathabhanga, Koch Bihar
The table below shows the main details of the IFSC Code NESF0000159 for the North East Small Finance Bank Limited branch in Koch Bihar, which falls under the Mathabhanga district in West Bengal.
| Particulars | Details |
|---|---|
| Bank | North East Small Finance Bank Limited |
| IFSC Code | NESF0000159 |
| Branch | Mathabhanga |
| City | Koch Bihar |
| District | Mathabhanga |
| State | West Bengal |
| Address | Dnnnndcbnln73616 |
These details help users in online banking and for businesses and individuals who use North East Small Finance Bank Limited in Koch Bihar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000159 for the Mathabhanga 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 provided by the Reserve Bank of India. Every bank branch, including North East Small Finance Bank Limited located in Mathabhanga, Koch Bihar, West Bengal, is provided with a unique IFSC like NESF0000159 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the North East Small Finance Bank Limited branch in Koch Bihar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Koch Bihar and Mathabhanga.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across West Bengal and the rest of India and the IFSC Code ensures that transactions meant for North East Small Finance Bank Limited in Mathabhanga do not get mixed with another location.
Format of the IFSC Code NESF0000159
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 Mathabhanga in Koch Bihar.
For example, the IFSC Code NESF0000159 of North East Small Finance Bank Limited for the Mathabhanga branch has these elements, identifying the bank and the branch location in Koch Bihar and West Bengal correctly.
How to Find IFSC Code for North East Small Finance Bank Limited?
If you are trying to find the IFSC Code NESF0000159 of North East Small Finance Bank Limited for its Mathabhanga branch located in Koch Bihar, 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
Most banks, including North East Small Finance Bank Limited branches in Koch Bihar and Mathabhanga, print the IFSC and MICR codes 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 Mathabhanga or Koch Bihar to get the exact IFSC Code NESF0000159.
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 Koch Bihar, you'll get the correct details.
How to Use IFSC Code NESF0000159 for Online Transfers?
Once you have the IFSC Code NESF0000159 for the Mathabhanga branch of North East Small Finance Bank Limited in Koch Bihar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code NESF0000159. 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 NESF0000159.
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 Mathabhanga in Koch Bihar, 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 Mathabhanga, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Koch Bihar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Mathabhanga Koch Bihar branch is NESF0000159.
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 Dnnnndcbnln73616.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.