For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of North East Small Finance Bank Limited for its Amlarem branch in West Jaintia Hills District, Amlarem, Meghalaya, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of North East Small Finance Bank Limited located in West Jaintia Hills District or anywhere in Meghalaya can transfer funds instantly by using the correct IFSC Code NESF0000220. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for North East Small Finance Bank Limited, Amlarem, West Jaintia Hills District

Here are the main details that are associated with the IFSC Code NESF0000220 of North East Small Finance Bank Limited for its branch located in West Jaintia Hills District, within the district of Amlarem in the state of Meghalaya.

Particulars Details
Bank North East Small Finance Bank Limited
IFSC Code NESF0000220
Branch Amlarem
City West Jaintia Hills District
District Amlarem
State Meghalaya
Address Gashnga Building,Lad Amlarem Bpo,Amlarem West Jaintia Hills,District Meghalaya,793109

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 West Jaintia Hills District for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code NESF0000220 for the Amlarem 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, along with North East Small Finance Bank Limited located in Amlarem, West Jaintia Hills District, Meghalaya, are given a unique IFSC like NESF0000220 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in West Jaintia Hills District.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like West Jaintia Hills District and Amlarem.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to North East Small Finance Bank Limited in Amlarem goes to the correct branch. This is important because North East Small Finance Bank Limited has thousands of branches in Meghalaya and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code NESF0000220

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): These represent the bank code. In North East Small Finance Bank Limited, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Amlarem in West Jaintia Hills District.

For example, the IFSC Code NESF0000220 of North East Small Finance Bank Limited for the Amlarem branch has these elements, identifying the bank and the branch location in West Jaintia Hills District and Meghalaya correctly.

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

If you are looking for the IFSC Code NESF0000220 of North East Small Finance Bank Limited for its Amlarem branch located in West Jaintia Hills District, 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 West Jaintia Hills District and Amlarem, 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 Amlarem or West Jaintia Hills District to get the exact IFSC Code NESF0000220.

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 West Jaintia Hills District, then it will provide you proper information.

How to Use IFSC Code NESF0000220 for Online Transfers?

If you have the IFSC Code NESF0000220 for the Amlarem branch of North East Small Finance Bank Limited in West Jaintia Hills District, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code NESF0000220. 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 NESF0000220.

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 Amlarem in West Jaintia Hills District, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of North East Small Finance Bank Limited in Amlarem, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official North East Small Finance Bank Limited website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in West Jaintia Hills District 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 Amlarem, West Jaintia Hills District?

The IFSC Code is NESF0000220.

Is the IFSC Code NESF0000220 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 Amlarem?

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 Amlarem branch?

The address of the branch is Gashnga Building,Lad Amlarem Bpo,Amlarem West Jaintia Hills,District Meghalaya,793109 located in West Jaintia Hills District, Amlarem, 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.