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 Esaf Small Finance Bank Limited for its Jobat branch in Alirajpur, Alirajpur, Madhya Pradesh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Esaf Small Finance Bank Limited situated in Alirajpur or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code ESMF0001746. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Esaf Small Finance Bank Limited, Jobat, Alirajpur

Below in the table are the key details related to IFSC Code ESMF0001746 of Esaf Small Finance Bank Limited for its branch located in Alirajpur, within the district of Alirajpur in the state of Madhya Pradesh.

Particulars Details
Bank Esaf Small Finance Bank Limited
IFSC Code ESMF0001746
Branch Jobat
City Alirajpur
District Alirajpur
State Madhya Pradesh
Address First Floor,Char Bhuja Chauraha,Khattali Road,Jobat P O,Alirajpur District,Madhya Pradesh-457887

These details helps users in online banking and for businesses and individuals who use Esaf Small Finance Bank Limited in Alirajpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001746 for the Jobat branch of Esaf 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 provided by the Reserve Bank of India. Every bank branch, along with Esaf Small Finance Bank Limited located in Jobat, Alirajpur, Madhya Pradesh, are given a unique IFSC like ESMF0001746 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Alirajpur.
  • 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 Alirajpur and Alirajpur.
  • 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 Esaf Small Finance Bank Limited in Jobat goes to the correct branch. This is important because Esaf Small Finance Bank Limited has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code ESMF0001746

The format of the IFSC Code for banks, including Esaf Small Finance Bank Limited, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Esaf Small Finance Bank Limited, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Jobat in Alirajpur.

For example, the IFSC Code ESMF0001746 of Esaf Small Finance Bank Limited for the Jobat branch includes these elements, identifying the bank and the branch location in Alirajpur and Madhya Pradesh correctly.

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

If you are trying to find the IFSC Code ESMF0001746 of Esaf Small Finance Bank Limited for its Jobat branch located in Alirajpur, the following methods can help:

Cheque Book

The cheque books that are issued by Esaf Small Finance Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Esaf Small Finance Bank Limited branches in Alirajpur and Alirajpur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Esaf Small Finance Bank Limited and find the branch locator section. Search for Jobat or Alirajpur to get the exact IFSC Code ESMF0001746.

Mobile Banking App

If you use Esaf Small Finance Bank Limited's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Esaf Small Finance Bank Limited and Alirajpur that will provide accurate information.

How to Use IFSC Code ESMF0001746 for Online Transfers?

Once you have the IFSC Code ESMF0001746 for the Jobat branch of Esaf Small Finance Bank Limited in Alirajpur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ESMF0001746. 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 Esaf Small Finance Bank Limited IFSC Code ESMF0001746.

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

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Esaf Small Finance Bank Limited in Jobat, here are some of the ways you can get it:

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

Knowing both IFSC and MICR code can help account holders in Alirajpur manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Esaf Small Finance Bank Limited Jobat Alirajpur?

The IFSC Code of the Jobat Alirajpur branch is ESMF0001746.

Is IFSC Code ESMF0001746 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Esaf Small Finance Bank Limited Jobat branch?

The branch is located at First Floor,Char Bhuja Chauraha,Khattali Road,Jobat P O,Alirajpur District,Madhya Pradesh-457887.

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.