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 Kimin branch in Papumpare, Papumpare, or Arunachal Pradesh, 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 Papumpare or anywhere in Arunachal Pradesh can transfer funds instantly by using the correct IFSC Code NESF0000070. 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, Kimin, Papumpare
Here are the main details that are associated with the IFSC Code NESF0000070 of North East Small Finance Bank Limited for its branch located in Papumpare, within the district of Papumpare in the state of Arunachal Pradesh.
| Particulars | Details |
|---|---|
| Bank | North East Small Finance Bank Limited |
| IFSC Code | NESF0000070 |
| Branch | Kimin |
| City | Papumpare |
| District | Papumpare |
| State | Arunachal Pradesh |
| Address | Oknsuaunhsh |
These details help users in online banking and for businesses and individuals who use North East Small Finance Bank Limited in Papumpare for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000070 for the Kimin 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 Kimin, Papumpare, Arunachal Pradesh, are allotted a unique IFSC like NESF0000070 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Papumpare.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Papumpare and Papumpare.
- 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 Kimin reaches the right place, even though there are thousands of branches in Arunachal Pradesh and across India.
Format of the IFSC Code NESF0000070
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 Kimin in Papumpare.
For example, the IFSC Code NESF0000070 of North East Small Finance Bank Limited for the Kimin 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 NESF0000070 of North East Small Finance Bank Limited for its Kimin 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 Papumpare, 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 Kimin or Papumpare to get the exact IFSC Code NESF0000070.
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 NESF0000070 for Online Transfers?
If you have the IFSC Code NESF0000070 for the Kimin 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 NESF0000070. 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 NESF0000070.
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 Kimin in Papumpare, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of North East Small Finance Bank Limited in Kimin, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Papumpare manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is NESF0000070.
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 Oknsuaunhsh located in Papumpare, Papumpare, Arunachal Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.