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 Thoubal branch in Thoubal, Thoubal, Manipur, 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 Thoubal or anywhere in Manipur can transfer funds instantly by using the correct IFSC Code NESF0000231. 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, Thoubal, Thoubal

Here are the main details that are associated with the IFSC Code NESF0000231 of North East Small Finance Bank Limited for its branch located in Thoubal, within the district of Thoubal in the state of Manipur.

Particulars Details
Bank North East Small Finance Bank Limited
IFSC Code NESF0000231
Branch Thoubal
City Thoubal
District Thoubal
State Manipur
Address Thoubal Achouba,Melaground,Opposite Police Station,Po/Ps Thoubal,District Thoubal,State Manipur,Pin 795138

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 Thoubal for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000231 for the Thoubal 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 NESF0000231 is given to every bank branch, including North East Small Finance Bank Limited located in Thoubal, Thoubal, Manipur, 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 Thoubal.
  • 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 Thoubal and Thoubal.
  • 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 Manipur and the rest of India, which is why the IFSC Code ensures that transactions meant for North East Small Finance Bank Limited in Thoubal doesn't end up at another location.

Format of the IFSC Code NESF0000231

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 Thoubal in Thoubal.

For example, the IFSC Code NESF0000231 of North East Small Finance Bank Limited for the Thoubal branch includes these elements, identifying the bank and the branch location in Thoubal and Manipur accurately.

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

If you are trying to find the IFSC Code NESF0000231 of North East Small Finance Bank Limited for its Thoubal branch located in Thoubal, the following methods can help:

Cheque Book

The cheque books that are issued by North East Small Finance Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including North East Small Finance Bank Limited branches in Thoubal and Thoubal, 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 find the branch locator section. Search for Thoubal or Thoubal to get the exact IFSC Code NESF0000231.

Mobile Banking App

If you use North East Small Finance Bank Limited's mobile app, you can easily 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 to help you in searching for North East Small Finance Bank Limited and Thoubal that will provide accurate information.

How to Use IFSC Code NESF0000231 for Online Transfers?

Once you have the IFSC Code NESF0000231 for the Thoubal branch of North East Small Finance Bank Limited in Thoubal, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code NESF0000231. 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 NESF0000231.

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 Thoubal in Thoubal, 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 Thoubal, 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 Thoubal 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 Thoubal, Thoubal?

The IFSC Code is NESF0000231.

Is the IFSC Code NESF0000231 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 Thoubal?

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 Thoubal branch?

The address of the branch is Thoubal Achouba,Melaground,Opposite Police Station,Po/Ps Thoubal,District Thoubal,State Manipur,Pin 795138 located in Thoubal, Thoubal, Manipur.

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.