North East Small Finance Bank Limited IFSC code & MICR code

North East Small Finance Bank Limited IFSC Code

North East Small Finance Bank Limited (NESFBL) IFSC Code is a crucial piece of information that has to be provided when account holders send and receive money through electronic fund transfer methods: NEFT, RTGS and IMPS. This code is always made up of 11 digits, consisting of both alphabets and numericals. IFSC codes are assigned to all banks by the Reserve Bank of India (RBI) and each branch of the same bank will have a different IFSC code.

The main purpose of this code is to streamline the fund transfer process and eliminate any errors. It is very important for account holders to get the right IFSC code as it is crucial for both sending and receiving money. For example, NESFBL IFSC Code for the Sualkuchi branch at Kamrup, Assam, is NESF0000005. Here, the first 4 letters, 'NESF' is used to identify the name of the bank, while the next digit 'zero' is reserved for future purposes. The following 6 characters ' 000005' helps identify the particular bank branch, which in this case is the Sualkuchi branch at Kamrup, Assam.

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