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 Jakhalabandha branch in Nagaon, Jakhalabandha, Assam, 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 Nagaon or anywhere in Assam can transfer funds instantly by using the correct IFSC Code NESF0000098. 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, Jakhalabandha, Nagaon
Here are the main details that are associated with the IFSC Code NESF0000098 of North East Small Finance Bank Limited for its branch located in Nagaon, within the district of Jakhalabandha in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | North East Small Finance Bank Limited |
| IFSC Code | NESF0000098 |
| Branch | Jakhalabandha |
| City | Nagaon |
| District | Jakhalabandha |
| State | Assam |
| Address | House No.-286,Jakhalabandha,J.B Market,P.O-Jakhalabandha,P.S-Jakhalabandha |
These details help users in online banking and for businesses and individuals who use North East Small Finance Bank Limited in Nagaon for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000098 for the Jakhalabandha 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, along with North East Small Finance Bank Limited located in Jakhalabandha, Nagaon, Assam, are allotted a unique IFSC like NESF0000098 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Nagaon.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Nagaon and Jakhalabandha.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to North East Small Finance Bank Limited in Jakhalabandha reaches the right place, even though there are thousands of branches in Assam and across India.
Format of the IFSC Code NESF0000098
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): 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 Jakhalabandha in Nagaon.
For example, the IFSC Code NESF0000098 of North East Small Finance Bank Limited for the Jakhalabandha branch includes these elements, identifying the bank and the branch location in Nagaon and Assam accurately.
How to Find IFSC Code for North East Small Finance Bank Limited?
If you are trying to find the IFSC Code NESF0000098 of North East Small Finance Bank Limited for its Jakhalabandha branch located in Nagaon, 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 Nagaon and Jakhalabandha, 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 Jakhalabandha or Nagaon to get the exact IFSC Code NESF0000098.
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 Nagaon, you'll get the correct details.
How to Use IFSC Code NESF0000098 for Online Transfers?
Once you have the IFSC Code NESF0000098 for the Jakhalabandha branch of North East Small Finance Bank Limited in Nagaon, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code NESF0000098. 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 NESF0000098.
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 Jakhalabandha in Nagaon, 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 Jakhalabandha, 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 Nagaon manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is NESF0000098.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is House No.-286,Jakhalabandha,J.B Market,P.O-Jakhalabandha,P.S-Jakhalabandha located in Nagaon, Jakhalabandha, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.