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 Equitas Small Finance Bank Limited for its Sumel Business Park - branch in Gujarat, Gujarat, Gujarat, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Equitas Small Finance Bank Limited located in Gujarat or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code ESFB0007061. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Equitas Small Finance Bank Limited, Sumel Business Park -, Gujarat
Here are the main details that are associated with the IFSC Code ESFB0007061 of Equitas Small Finance Bank Limited for its branch located in Gujarat, within the district of Gujarat in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Equitas Small Finance Bank Limited |
| IFSC Code | ESFB0007061 |
| Branch | Sumel Business Park - |
| City | Gujarat |
| District | Gujarat |
| State | Gujarat |
| Address | Sumel Business Park-3,Ground Floor -A 2 & A 3,-Opp.New Cloth Market,Ahmedabad-Gujarat -380001 |
These details are important not only for users using online banking but also for businesses and individuals who use Equitas Small Finance Bank Limited in Gujarat for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ESFB0007061 for the Sumel Business Park - branch of Equitas Small Finance Bank Limited is vital.
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 Equitas Small Finance Bank Limited located in Sumel Business Park -, Gujarat, Gujarat, is provided with a unique IFSC like ESFB0007061 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Equitas Small Finance Bank Limited branch in Gujarat.
- 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 Gujarat and Gujarat.
- 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 Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Equitas Small Finance Bank Limited in Sumel Business Park - do not get mixed with another location.
Format of the IFSC Code ESFB0007061
The format of the IFSC Code for banks, including Equitas Small Finance Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Equitas 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 Sumel Business Park - in Gujarat.
For example, the IFSC Code ESFB0007061 of Equitas Small Finance Bank Limited for the Sumel Business Park - branch has these elements, identifying the bank and the branch location in Gujarat and Gujarat correctly.
How to Find IFSC Code for Equitas Small Finance Bank Limited?
If you are trying to find the IFSC Code ESFB0007061 of Equitas Small Finance Bank Limited for its Sumel Business Park - branch located in Gujarat, the following methods can help:
Cheque Book
The cheque book issued by Equitas Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Equitas Small Finance Bank Limited branches in Gujarat and Gujarat, print them on the first page of your passbook.
Bank Website
Visit the official website of Equitas Small Finance Bank Limited and navigate to the branch locator section. Search for Sumel Business Park - or Gujarat to get the exact IFSC Code ESFB0007061.
Mobile Banking App
If you use Equitas 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 keeps an updated list of all IFSC codes. If you search for Equitas Small Finance Bank Limited and Gujarat, you'll get the correct details.
How to Use IFSC Code ESFB0007061 for Online Transfers?
Once you have the IFSC Code ESFB0007061 for the Sumel Business Park - branch of Equitas Small Finance Bank Limited in Gujarat, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ESFB0007061. 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 Equitas Small Finance Bank Limited IFSC Code ESFB0007061.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Equitas Small Finance Bank Limited Sumel Business Park - in Gujarat, 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 Equitas Small Finance Bank Limited in Sumel Business Park -, 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 Equitas Small Finance Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Gujarat to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ESFB0007061.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Sumel Business Park-3,Ground Floor -A 2 & A 3,-Opp.New Cloth Market,Ahmedabad-Gujarat -380001 located in Gujarat, Gujarat, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.