IFSC Code of North East Small Finance Bank Limited, Kothiatoli, Kothiatoli, Assam — NESF0000058

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 Kothiatoli branch in Nagaon, Kothiatoli, 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 Nagaon or anywhere in Assam can transfer funds instantly by using the correct IFSC Code NESF0000058. 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, Kothiatoli, Nagaon

Here are some of the key details that come with the IFSC Code NESF0000058 of North East Small Finance Bank Limited for its branch located in Nagaon, within the district of Kothiatoli in the state of Assam.

These details are crucial, not just for online banking users but also for businesses and individuals who use North East Small Finance Bank Limited in Nagaon for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000058 for the Kothiatoli branch of North East Small Finance Bank Limited has an 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 Kothiatoli, Nagaon, Assam, is provided a unique IFSC like NESF0000058 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 Nagaon.
• 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 Nagaon and Kothiatoli.
• 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 Assam and the rest of India, the IFSC Code ensures that transactions meant for North East Small Finance Bank Limited in Kothiatoli do not get misguided to another person.

Format of the IFSC Code NESF0000058

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 Kothiatoli in Nagaon.

For example, the IFSC Code NESF0000058 of North East Small Finance Bank Limited for the Kothiatoli 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 NESF0000058 of North East Small Finance Bank Limited for its Kothiatoli 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 Kothiatoli, 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 Kothiatoli or Nagaon to get the exact IFSC Code NESF0000058.

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 NESF0000058 for Online Transfers?

Once you have the IFSC Code NESF0000058 for the Kothiatoli branch of North East Small Finance Bank Limited in Nagaon, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code NESF0000058. Transfers are processed in batches. This is 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. Requires the recipient's account details and North East Small Finance Bank Limited IFSC Code NESF0000058.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for North East Small Finance Bank Limited Kothiatoli in Nagaon 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 Kothiatoli, 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 Nagaon to handle online money transfers and get their cheques cleared smoothly.