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 Sapekhati branch in Sibsagar, Sapekhati, or Assam, 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 Sibsagar or anywhere in Assam can transfer funds instantly by using the correct IFSC Code NESF0000201. 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, Sapekhati, Sibsagar
Here are the key points that are associated with the IFSC Code NESF0000201 of North East Small Finance Bank Limited for its branch located in Sibsagar, within the district of Sapekhati in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | North East Small Finance Bank Limited |
| IFSC Code | NESF0000201 |
| Branch | Sapekhati |
| City | Sibsagar |
| District | Sapekhati |
| State | Assam |
| Address | Sapekhati,Khagorijan Road,Near P.W.D Road,P.O - Sapekhati,P.S-Sapekhati,Dist-Charaideo,Assam,Pin-785692 |
These details helps users in online banking and for businesses and individuals who use North East Small Finance Bank Limited in Sibsagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000201 for the Sapekhati branch of North East Small Finance Bank Limited plays a vital 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 Sapekhati, Sibsagar, Assam, are given a unique IFSC like NESF0000201 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sibsagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Sibsagar and Sapekhati.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to North East Small Finance Bank Limited in Sapekhati goes to the correct branch. This is important because North East Small Finance Bank Limited has thousands of branches in Assam and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code NESF0000201
This is the format of the IFSC Code for banks, including North East Small Finance Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For North East Small Finance Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Sapekhati in Sibsagar.
For example, the IFSC Code NESF0000201 of North East Small Finance Bank Limited for the Sapekhati branch includes these elements, identifying the bank and the branch location in Sibsagar and Assam accurately.
How to Find IFSC Code for North East Small Finance Bank Limited?
To find the IFSC Code NESF0000201 of North East Small Finance Bank Limited for its Sapekhati branch located in Sibsagar, the following methods can help you out:
Cheque Book
The cheque book issued by North East Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including North East Small Finance Bank Limited branches in Sibsagar and Sapekhati, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of North East Small Finance Bank Limited and go to the branch locator section. Then search for Sapekhati or Sibsagar to find the exact IFSC Code NESF0000201.
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 maintains an updated database of all IFSC codes. Searching for North East Small Finance Bank Limited and Sibsagar will provide accurate information.
How to Use IFSC Code NESF0000201 for Online Transfers?
Once you have the IFSC Code NESF0000201 for the Sapekhati branch of North East Small Finance Bank Limited in Sibsagar, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code NESF0000201. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and North East Small Finance Bank Limited IFSC Code NESF0000201.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for North East Small Finance Bank Limited Sapekhati in Sibsagar, it can 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 Sapekhati, 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 Sibsagar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is NESF0000201.
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 Sapekhati,Khagorijan Road,Near P.W.D Road,P.O - Sapekhati,P.S-Sapekhati,Dist-Charaideo,Assam,Pin-785692 located in Sibsagar, Sapekhati, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.