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IFSC Code of Equitas Small Finance Bank Limited, Red Square Market, Hisar, Hisar, Haryana — ESFB0011024

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Equitas Small Finance Bank Limited for its Red Square Market, Hisar branch in Hisar, Hisar, Haryana, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Equitas Small Finance Bank Limited situated in Hisar or anywhere in Haryana can easily transfer funds instantly by using the correct IFSC Code ESFB0011024. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Equitas Small Finance Bank Limited, Red Square Market, Hisar, Hisar

Below in the table are the key details related to IFSC Code ESFB0011024 of Equitas Small Finance Bank Limited for its branch located in Hisar, within the district of Hisar in the state of Haryana.

Particulars Details
Bank Equitas Small Finance Bank Limited
IFSC Code ESFB0011024
Branch Red Square Market, Hisar
City Hisar
District Hisar
State Haryana
Address Sco-170,Red Square Market,Hisar-125001

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 Hisar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ESFB0011024 for the Red Square Market, Hisar 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 Red Square Market, Hisar, Hisar, Haryana, is provided with a unique IFSC like ESFB0011024 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 Hisar.
  • 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 Hisar and Hisar.
  • 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 Haryana and the rest of India and the IFSC Code ensures that transactions meant for Equitas Small Finance Bank Limited in Red Square Market, Hisar do not get mixed with another location.

Format of the IFSC Code ESFB0011024

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 Red Square Market, Hisar in Hisar.

For example, the IFSC Code ESFB0011024 of Equitas Small Finance Bank Limited for the Red Square Market, Hisar branch has these elements, identifying the bank and the branch location in Hisar and Haryana correctly.

How to Find IFSC Code for Equitas Small Finance Bank Limited?

If you are trying to find the IFSC Code ESFB0011024 of Equitas Small Finance Bank Limited for its Red Square Market, Hisar branch located in Hisar, 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

Most banks, including Equitas Small Finance Bank Limited branches in Hisar and Hisar, print the IFSC and MICR codes 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 Red Square Market, Hisar or Hisar to get the exact IFSC Code ESFB0011024.

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 Hisar, you'll get the correct details.

How to Use IFSC Code ESFB0011024 for Online Transfers?

Once you have the IFSC Code ESFB0011024 for the Red Square Market, Hisar branch of Equitas Small Finance Bank Limited in Hisar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ESFB0011024. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Equitas Small Finance Bank Limited IFSC Code ESFB0011024.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Equitas Small Finance Bank Limited Red Square Market, Hisar in Hisar, your payment can get delayed or might not go through at all.

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 Equitas Small Finance Bank Limited in Red Square Market, Hisar, 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 Equitas Small Finance Bank Limited website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Hisar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Equitas Small Finance Bank Limited in Red Square Market, Hisar, Hisar?

The IFSC Code is ESFB0011024.

Is the IFSC Code ESFB0011024 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Equitas Small Finance Bank Limited Red Square Market, Hisar?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Red Square Market, Hisar branch?

The address of the branch is Sco-170,Red Square Market,Hisar-125001 located in Hisar, Hisar, Haryana.

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.

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