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 Baghmara branch in South Garo Hills, Baghmara, Meghalaya, 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 South Garo Hills or anywhere in Meghalaya can transfer funds instantly by using the correct IFSC Code NESF0000234. 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, Baghmara, South Garo Hills

Here are the key points that are associated with the IFSC Code NESF0000234 of North East Small Finance Bank Limited for its branch located in South Garo Hills, within the district of Baghmara in the state of Meghalaya.

Particulars Details
Bank North East Small Finance Bank Limited
IFSC Code NESF0000234
Branch Baghmara
City South Garo Hills
District Baghmara
State Meghalaya
Address 1St Floor,R.D Complex,No.158,Mouza No.Ix-3,Ward Bolsalgre,Near Sports Complex,P.O - Baghmara,P.S - Baghmara,Dist - South Garo Hills,Meghalaya,Pin - 794102

These details help users in online banking and for businesses and individuals who use North East Small Finance Bank Limited in South Garo Hills for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000234 for the Baghmara 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 Baghmara, South Garo Hills, Meghalaya, are allotted a unique IFSC like NESF0000234 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code NESF0000234

The format of the IFSC Code for banks, including North East Small Finance Bank Limited, has 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 Baghmara in South Garo Hills.

For example, the IFSC Code NESF0000234 of North East Small Finance Bank Limited for the Baghmara branch includes these elements, identifying the bank and the branch location in South Garo Hills and Meghalaya correctly.

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

To find the IFSC Code NESF0000234 of North East Small Finance Bank Limited for its Baghmara branch located in South Garo Hills, 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 South Garo Hills and Baghmara, 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 Baghmara or South Garo Hills to find the exact IFSC Code NESF0000234.

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 South Garo Hills will provide accurate information.

How to Use IFSC Code NESF0000234 for Online Transfers?

If you have the IFSC Code NESF0000234 for the Baghmara branch of North East Small Finance Bank Limited in South Garo Hills, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code NESF0000234. 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 NESF0000234.

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 Baghmara in South Garo Hills, it may 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 Baghmara, 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 South Garo Hills manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of North East Small Finance Bank Limited in Baghmara, South Garo Hills?

The IFSC Code is NESF0000234.

Is the IFSC Code NESF0000234 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 Baghmara?

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 Baghmara branch?

The address of the branch is 1St Floor,R.D Complex,No.158,Mouza No.Ix-3,Ward Bolsalgre,Near Sports Complex,P.O - Baghmara,P.S - Baghmara,Dist - South Garo Hills,Meghalaya,Pin - 794102 located in South Garo Hills, Baghmara, Meghalaya.

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.