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 Byrnihat branch in Ri-Bhoi, Byrnihat, Meghalaya, 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 Ri-Bhoi or anywhere in Meghalaya can transfer funds instantly by using the correct IFSC Code NESF0000101. 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, Byrnihat, Ri-Bhoi

Here are some of the key details that come with the IFSC Code NESF0000101 of North East Small Finance Bank Limited for its branch located in Ri-Bhoi, within the district of Byrnihat in the state of Meghalaya.

Particulars Details
Bank North East Small Finance Bank Limited
IFSC Code NESF0000101
Branch Byrnihat
City Ri-Bhoi
District Byrnihat
State Meghalaya
Address Byrnihat,Near Icici Bank Limited,P.O Byrnihat,P.S-Byrnihat,Dist-Ri-Bhoi,Meghalaya,793101

These details are important not only for users using online banking but also for businesses and individuals who use North East Small Finance Bank Limited in Ri-Bhoi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code NESF0000101 for the Byrnihat branch of North East Small Finance Bank Limited is vital.

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 Byrnihat, Ri-Bhoi, Meghalaya, are allotted a unique IFSC like NESF0000101 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Ri-Bhoi.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Ri-Bhoi and Byrnihat.
  • 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 Byrnihat reaches the right place, even though there are thousands of branches in Meghalaya and across India.

Format of the IFSC Code NESF0000101

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 Byrnihat in Ri-Bhoi.

For example, the IFSC Code NESF0000101 of North East Small Finance Bank Limited for the Byrnihat branch includes these elements, identifying the bank and the branch location in Ri-Bhoi and Meghalaya accurately.

How to Find IFSC Code for North East Small Finance Bank Limited?

If you are trying to find the IFSC Code NESF0000101 of North East Small Finance Bank Limited for its Byrnihat branch located in Ri-Bhoi, 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

You can easily find the IFSC and MICR codes because most banks, including North East Small Finance Bank Limited branches in Ri-Bhoi and Byrnihat, print them 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 Byrnihat or Ri-Bhoi to get the exact IFSC Code NESF0000101.

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 Ri-Bhoi, you'll get the correct details.

How to Use IFSC Code NESF0000101 for Online Transfers?

Once you have the IFSC Code NESF0000101 for the Byrnihat branch of North East Small Finance Bank Limited in Ri-Bhoi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code NESF0000101. 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 NESF0000101.

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 Byrnihat in Ri-Bhoi, your payment can get delayed or might not go through at all.

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 Byrnihat, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Ri-Bhoi manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of North East Small Finance Bank Limited in Byrnihat, Ri-Bhoi?

The IFSC Code is NESF0000101.

Is the IFSC Code NESF0000101 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of North East Small Finance Bank Limited Byrnihat?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Byrnihat branch?

The address of the branch is Byrnihat,Near Icici Bank Limited,P.O Byrnihat,P.S-Byrnihat,Dist-Ri-Bhoi,Meghalaya,793101 located in Ri-Bhoi, Byrnihat, Meghalaya.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.