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 Itanagar branch in Papumpare, Itanagar, Arunachal Pradesh, 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 Papumpare or anywhere in Arunachal Pradesh can transfer funds instantly by using the correct IFSC Code NESF0000088. 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, Itanagar, Papumpare
Below in the table are the key details related to IFSC Code NESF0000088 of North East Small Finance Bank Limited for its branch located in Papumpare, within the district of Itanagar in the state of Arunachal Pradesh.
| Particulars | Details |
|---|---|
| Bank | North East Small Finance Bank Limited |
| IFSC Code | NESF0000088 |
| Branch | Itanagar |
| City | Papumpare |
| District | Itanagar |
| State | Arunachal Pradesh |
| Address | Oppsite Sbi,Itanagar Bank Tiniali,P.O Itanagar |
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 Papumpare for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000088 for the Itanagar 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 provided by the Reserve Bank of India. Every bank branch, including North East Small Finance Bank Limited located in Itanagar, Papumpare, Arunachal Pradesh, is provided with a unique IFSC like NESF0000088 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 Papumpare.
- 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 Papumpare and Itanagar.
- 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 Arunachal Pradesh and the rest of India and the IFSC Code ensures that transactions meant for North East Small Finance Bank Limited in Itanagar do not get mixed with another location.
Format of the IFSC Code NESF0000088
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 Itanagar in Papumpare.
For example, the IFSC Code NESF0000088 of North East Small Finance Bank Limited for the Itanagar branch includes these elements, identifying the bank and the branch location in Papumpare and Arunachal Pradesh accurately.
How to Find IFSC Code for North East Small Finance Bank Limited?
If you are trying to find the IFSC Code NESF0000088 of North East Small Finance Bank Limited for its Itanagar branch located in Papumpare, 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 Papumpare and Itanagar, 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 Itanagar or Papumpare to get the exact IFSC Code NESF0000088.
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 Papumpare, you'll get the correct details.
How to Use IFSC Code NESF0000088 for Online Transfers?
If you have the IFSC Code NESF0000088 for the Itanagar branch of North East Small Finance Bank Limited in Papumpare, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code NESF0000088. Transfers are processed in batches. 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. Asks for the recipient's account details and North East Small Finance Bank Limited IFSC Code NESF0000088.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for North East Small Finance Bank Limited Itanagar in Papumpare, it 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 Itanagar, 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 Papumpare to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is NESF0000088.
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 Oppsite Sbi,Itanagar Bank Tiniali,P.O Itanagar located in Papumpare, Itanagar, Arunachal Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.