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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of North East Small Finance Bank Limited for its Mawkyrwat branch in South West Khasi Hill, Mawkyrwat, Meghalaya, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of North East Small Finance Bank Limited located in South West Khasi Hill or anywhere in Meghalaya can transfer funds instantly by using the correct IFSC Code NESF0000239. 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, Mawkyrwat, South West Khasi Hill
The table below shows the main details of the IFSC Code NESF0000239 for the North East Small Finance Bank Limited branch in South West Khasi Hill, which falls under the Mawkyrwat district in Meghalaya.
| Particulars | Details |
|---|---|
| Bank | North East Small Finance Bank Limited |
| IFSC Code | NESF0000239 |
| Branch | Mawkyrwat |
| City | South West Khasi Hill |
| District | Mawkyrwat |
| State | Meghalaya |
| Address | Phottongum Mawkyrwat Near Chc Hospital,Pin Code 793114 |
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 South West Khasi Hill for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000239 for the Mawkyrwat 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including North East Small Finance Bank Limited located in Mawkyrwat, South West Khasi Hill, Meghalaya, is provided with a unique IFSC like NESF0000239 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the North East Small Finance Bank Limited branch in South West Khasi Hill.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like South West Khasi Hill and Mawkyrwat.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Meghalaya and the rest of India and the IFSC Code ensures that transactions meant for North East Small Finance Bank Limited in Mawkyrwat do not get mixed with another location.
Format of the IFSC Code NESF0000239
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 Mawkyrwat in South West Khasi Hill.
For example, the IFSC Code NESF0000239 of North East Small Finance Bank Limited for the Mawkyrwat branch includes these elements, identifying the bank and the branch location in South West Khasi Hill and Meghalaya accurately.
How to Find IFSC Code for North East Small Finance Bank Limited?
If you are looking for the IFSC Code NESF0000239 of North East Small Finance Bank Limited for its Mawkyrwat branch located in South West Khasi Hill, 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 South West Khasi Hill and Mawkyrwat, 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 Mawkyrwat or South West Khasi Hill to get the exact IFSC Code NESF0000239.
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 South West Khasi Hill, then it will provide you proper information.
How to Use IFSC Code NESF0000239 for Online Transfers?
Once you have the IFSC Code NESF0000239 for the Mawkyrwat branch of North East Small Finance Bank Limited in South West Khasi Hill, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code NESF0000239. 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 NESF0000239.
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 Mawkyrwat in South West Khasi Hill, 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 Mawkyrwat, 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 South West Khasi Hill to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is NESF0000239.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Phottongum Mawkyrwat Near Chc Hospital,Pin Code 793114 located in South West Khasi Hill, Mawkyrwat, Meghalaya.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.