The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of North East Small Finance Bank Limited for its Simaluguri branch in Sivasagar, Simaluguri, Assam, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of North East Small Finance Bank Limited located in Sivasagar or anywhere in Assam can transfer funds instantly by using the correct IFSC Code NESF0000030. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for North East Small Finance Bank Limited, Simaluguri, Sivasagar

The table below shows the main details of the IFSC Code NESF0000030 for the North East Small Finance Bank Limited branch in Sivasagar, which falls under the Simaluguri district in Assam.

Particulars Details
Bank North East Small Finance Bank Limited
IFSC Code NESF0000030
Branch Simaluguri
City Sivasagar
District Simaluguri
State Assam
Address Ward No.2,Po.Simaluguri.Ps.Simaluguri

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 Sivasagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000030 for the Simaluguri 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 Simaluguri, Sivasagar, Assam, is provided a unique IFSC like NESF0000030 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 Sivasagar.
  • 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 Sivasagar and Simaluguri.
  • 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 Simaluguri do not get misguided to another person.

Format of the IFSC Code NESF0000030

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 of this:

  • First 4 characters (AAAA): Represent the bank code. For North East Small Finance Bank Limited, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Simaluguri in Sivasagar.

For example, the IFSC Code NESF0000030 of North East Small Finance Bank Limited for the Simaluguri branch includes these elements, identifying the bank and the branch location in Sivasagar and Assam accurately.

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

If you are trying to find the IFSC Code NESF0000030 of North East Small Finance Bank Limited for its Simaluguri branch located in Sivasagar, 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 Sivasagar and Simaluguri, 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 Simaluguri or Sivasagar to get the exact IFSC Code NESF0000030.

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 Sivasagar, you'll get the correct details.

How to Use IFSC Code NESF0000030 for Online Transfers?

Once you have the IFSC Code NESF0000030 for the Simaluguri branch of North East Small Finance Bank Limited in Sivasagar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code NESF0000030. The transfer is completed in batches instead of instantly. It is useful for both 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 NESF0000030.

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 Simaluguri in Sivasagar, 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 Simaluguri, 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 Sivasagar 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 Simaluguri, Sivasagar?

The IFSC Code is NESF0000030.

Is the IFSC Code NESF0000030 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 Simaluguri?

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 Simaluguri branch?

The address of the branch is Ward No.2,Po.Simaluguri.Ps.Simaluguri located in Sivasagar, Simaluguri, Assam.

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.