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 Balipara branch in Sonitpur, Balipar, 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 Sonitpur or anywhere in Assam can transfer funds instantly by using the correct IFSC Code NESF0000108. 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, Balipara, Sonitpur

Here are the main details that are associated with the IFSC Code NESF0000108 of North East Small Finance Bank Limited for its branch located in Sonitpur, within the district of Balipar in the state of Assam.

Particulars Details
Bank North East Small Finance Bank Limited
IFSC Code NESF0000108
Branch Balipara
City Sonitpur
District Balipar
State Assam
Address Bhuyan Complex,Opposite Sbi Balipara Branch,Molan Pukhuri,P.O-Balipara,P.S-Chariduar

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 Sonitpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000108 for the Balipara 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 that is provided by the Reserve Bank of India. A unique IFSC like NESF0000108 is given to every bank branch, including North East Small Finance Bank Limited located in Balipara, Sonitpur, Assam, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the North East Small Finance Bank Limited branch in Sonitpur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Sonitpur and Balipar.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Assam and the rest of India, which is why the IFSC Code ensures that transactions meant for North East Small Finance Bank Limited in Balipara doesn't end up at another location.

Format of the IFSC Code NESF0000108

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 Balipara in Sonitpur.

For example, the IFSC Code NESF0000108 of North East Small Finance Bank Limited for the Balipara branch includes these elements, identifying the bank and the branch location in Sonitpur and Assam accurately.

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

If you are trying to find the IFSC Code NESF0000108 of North East Small Finance Bank Limited for its Balipara branch located in Sonitpur, 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 Sonitpur and Balipar, 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 Balipara or Sonitpur to get the exact IFSC Code NESF0000108.

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 Sonitpur, you'll get the correct details.

How to Use IFSC Code NESF0000108 for Online Transfers?

Once you have the IFSC Code NESF0000108 for the Balipara branch of North East Small Finance Bank Limited in Sonitpur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code NESF0000108. 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 NESF0000108.

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 Balipara in Sonitpur, it can 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 Balipara, 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 Sonitpur 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 Balipara, Sonitpur?

The IFSC Code is NESF0000108.

Is the IFSC Code NESF0000108 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 Balipara?

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 Balipara branch?

The address of the branch is Bhuyan Complex,Opposite Sbi Balipara Branch,Molan Pukhuri,P.O-Balipara,P.S-Chariduar located in Sonitpur, Balipar, 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.