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IFSC Code of Equitas Small Finance Bank Limited, Mahemdavad, Kheda, Gujarat — ESFB0007011

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 Equitas Small Finance Bank Limited for its Mahemdavad branch in Kheda, Kheda, Gujarat, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Equitas Small Finance Bank Limited located in Kheda or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code ESFB0007011. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Equitas Small Finance Bank Limited, Mahemdavad, Kheda

Here are some of the key details that come with the IFSC Code ESFB0007011 of Equitas Small Finance Bank Limited for its branch located in Kheda, within the district of Kheda in the state of Gujarat.

Particulars Details
Bank Equitas Small Finance Bank Limited
IFSC Code ESFB0007011
Branch Mahemdavad
City Kheda
District Kheda
State Gujarat
Address Shop No.01& 02,Radhekishan Park,Khatraj-Mahemdavad Road,Mahemmdavad - 387130

These details helps users in online banking and for businesses and individuals who use Equitas Small Finance Bank Limited in Kheda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESFB0007011 for the Mahemdavad branch of Equitas Small Finance Bank Limited plays a vital 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 ESFB0007011 is given to every bank branch, including Equitas Small Finance Bank Limited located in Mahemdavad, Kheda, Gujarat, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Equitas Small Finance Bank Limited branch in Kheda.
  • 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 Kheda and Kheda.
  • 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Equitas Small Finance Bank Limited in Mahemdavad doesn't end up at another location.

Format of the IFSC Code ESFB0007011

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 Mahemdavad in Kheda.

For example, the IFSC Code ESFB0007011 of Equitas Small Finance Bank Limited for the Mahemdavad branch has these elements, identifying the bank and the branch location in Kheda and Gujarat correctly.

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

If you are trying to find the IFSC Code ESFB0007011 of Equitas Small Finance Bank Limited for its Mahemdavad branch located in Kheda, 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 Kheda and Kheda, 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 Mahemdavad or Kheda to get the exact IFSC Code ESFB0007011.

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 Kheda, you'll get the correct details.

How to Use IFSC Code ESFB0007011 for Online Transfers?

If you have the IFSC Code ESFB0007011 for the Mahemdavad branch of Equitas Small Finance Bank Limited in Kheda, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ESFB0007011. 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 Equitas Small Finance Bank Limited IFSC Code ESFB0007011.

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 Equitas Small Finance Bank Limited Mahemdavad in Kheda, 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 Equitas Small Finance Bank Limited in Mahemdavad, 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 Kheda 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 Mahemdavad, Kheda?

The IFSC Code is ESFB0007011.

Is the IFSC Code ESFB0007011 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 Equitas Small Finance Bank Limited Mahemdavad?

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 Mahemdavad branch?

The address of the branch is Shop No.01& 02,Radhekishan Park,Khatraj-Mahemdavad Road,Mahemmdavad - 387130 located in Kheda, Kheda, Gujarat.

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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