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 Amguri branch in Sivsagar, Amguri, 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 Sivsagar or anywhere in Assam can transfer funds instantly by using the correct IFSC Code NESF0000103. 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, Amguri, Sivsagar

Here are the key points that are associated with the IFSC Code NESF0000103 of North East Small Finance Bank Limited for its branch located in Sivsagar, within the district of Amguri in the state of Assam.

Particulars Details
Bank North East Small Finance Bank Limited
IFSC Code NESF0000103
Branch Amguri
City Sivsagar
District Amguri
State Assam
Address Ward No-02,P.O-Amguri

These details are essential not only for online banking users but also for businesses and individuals who use North East Small Finance Bank Limited in Sivsagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000103 for the Amguri branch of North East Small Finance Bank Limited plays an 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 Amguri, Sivsagar, Assam, are allotted a unique IFSC like NESF0000103 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code NESF0000103

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 Amguri in Sivsagar.

For example, the IFSC Code NESF0000103 of North East Small Finance Bank Limited for the Amguri branch includes these elements, identifying the bank and the branch location in Sivsagar and Assam accurately.

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

If you are looking for the IFSC Code NESF0000103 of North East Small Finance Bank Limited for its Amguri branch located in Sivsagar, the following methods can help:

Cheque Book

The cheque book that is issued by North East Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including North East Small Finance Bank Limited branches in Sivsagar and Amguri, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of North East Small Finance Bank Limited and look for the branch locator section, then search for Amguri or Sivsagar to get the exact IFSC Code NESF0000103.

Mobile Banking App

If you use North East Small Finance Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for North East Small Finance Bank Limited and Sivsagar, then it will provide you proper information.

How to Use IFSC Code NESF0000103 for Online Transfers?

If you have the IFSC Code NESF0000103 for the Amguri branch of North East Small Finance Bank Limited in Sivsagar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code NESF0000103. 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 NESF0000103.

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 Amguri in Sivsagar, it may result in delayed or failed transactions.

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 Amguri, 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 Sivsagar 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 Amguri, Sivsagar?

The IFSC Code is NESF0000103.

Is the IFSC Code NESF0000103 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 Amguri?

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 Amguri branch?

The address of the branch is Ward No-02,P.O-Amguri located in Sivsagar, Amguri, 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.