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 Sivasagar branch in Sivasagar, Sivasagar, 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 NESF0000042. 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, Sivasagar, Sivasagar

Here are some of the key details that come with the IFSC Code NESF0000042 of North East Small Finance Bank Limited for its branch located in Sivasagar, within the district of Sivasagar in the state of Assam.

Particulars Details
Bank North East Small Finance Bank Limited
IFSC Code NESF0000042
Branch Sivasagar
City Sivasagar
District Sivasagar
State Assam
Address B.G Road,Station Chariali,In Front Of Hdfc Bank,P.O.Sivasagar,P.S - Sivasagar,Dist-Sivasagar,Pin-785640,Assam

These details help users in online banking and for businesses and individuals who use North East Small Finance Bank Limited in Sivasagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000042 for the Sivasagar 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 Sivasagar, Sivasagar, Assam, are given a unique IFSC like NESF0000042 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Sivasagar.
  • 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 Sivasagar and Sivasagar.
  • 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 Sivasagar 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 NESF0000042

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): These represent the bank code. In North East Small Finance Bank Limited, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Sivasagar in Sivasagar.

For example, the IFSC Code NESF0000042 of North East Small Finance Bank Limited for the Sivasagar branch has these elements, identifying the bank and the branch location in Sivasagar and Assam correctly.

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

To find the IFSC Code NESF0000042 of North East Small Finance Bank Limited for its Sivasagar branch located in Sivasagar, 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 Sivasagar and Sivasagar, 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 Sivasagar or Sivasagar to find the exact IFSC Code NESF0000042.

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 Sivasagar will provide accurate information.

How to Use IFSC Code NESF0000042 for Online Transfers?

Once you have the IFSC Code NESF0000042 for the Sivasagar 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 NESF0000042. 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 NESF0000042.

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 Sivasagar 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 Sivasagar, 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 Sivasagar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of North East Small Finance Bank Limited in Sivasagar, Sivasagar?

The IFSC Code is NESF0000042.

Is the IFSC Code NESF0000042 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Sivasagar branch?

The address of the branch is B.G Road,Station Chariali,In Front Of Hdfc Bank,P.O.Sivasagar,P.S - Sivasagar,Dist-Sivasagar,Pin-785640,Assam located in Sivasagar, Sivasagar, 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.