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 Kamalabari branch in Majuli, Kamalabari, 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 Majuli or anywhere in Assam can transfer funds instantly by using the correct IFSC Code NESF0000142. 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, Kamalabari, Majuli
Here are some of the key details that come with the IFSC Code NESF0000142 of North East Small Finance Bank Limited for its branch located in Majuli, within the district of Kamalabari in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | North East Small Finance Bank Limited |
| IFSC Code | NESF0000142 |
| Branch | Kamalabari |
| City | Majuli |
| District | Kamalabari |
| State | Assam |
| Address | Kamalabari Chariali,Bongaon Road,P.O Kamalabari,P.S-Kamalabari |
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 Majuli for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000142 for the Kamalabari 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 NESF0000142 is given to every bank branch, including North East Small Finance Bank Limited located in Kamalabari, Majuli, 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 Majuli.
- 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 Majuli and Kamalabari.
- 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 Kamalabari doesn't end up at another location.
Format of the IFSC Code NESF0000142
The format of the IFSC Code for banks, including North East Small Finance Bank Limited, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For North East Small Finance Bank Limited, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kamalabari in Majuli.
For example, the IFSC Code NESF0000142 of North East Small Finance Bank Limited for the Kamalabari branch includes these elements, identifying the bank and the branch location in Majuli and Assam correctly.
How to Find IFSC Code for North East Small Finance Bank Limited?
If you are looking for the IFSC Code NESF0000142 of North East Small Finance Bank Limited for its Kamalabari branch located in Majuli, 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 Majuli and Kamalabari, 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 Kamalabari or Majuli to get the exact IFSC Code NESF0000142.
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 Majuli, then it will provide you proper information.
How to Use IFSC Code NESF0000142 for Online Transfers?
Once you have the IFSC Code NESF0000142 for the Kamalabari branch of North East Small Finance Bank Limited in Majuli, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code NESF0000142. 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 NESF0000142.
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 Kamalabari in Majuli, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of North East Small Finance Bank Limited in Kamalabari, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official North East Small Finance Bank Limited website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Majuli manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is NESF0000142.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Kamalabari Chariali,Bongaon Road,P.O Kamalabari,P.S-Kamalabari located in Majuli, Kamalabari, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.