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 Anuppur branch in Anuppur, Anuppur, 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 Anuppur or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code ESMF0001553. 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, Anuppur, Anuppur
Here are the main details that are associated with the IFSC Code ESMF0001553 of Esaf Small Finance Bank Limited for its branch located in Anuppur, within the district of Anuppur in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Esaf Small Finance Bank Limited |
| IFSC Code | ESMF0001553 |
| Branch | Anuppur |
| City | Anuppur |
| District | Anuppur |
| State | Madhya Pradesh |
| Address | Shriram Complex,Shankar Mandir Chowk,Siddha Baba Road,Anuppur P O,Madhya Pradesh 484224 |
These details helps users in online banking and for businesses and individuals who use Esaf Small Finance Bank Limited in Anuppur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001553 for the Anuppur 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 Anuppur, Anuppur, Madhya Pradesh, are given a unique IFSC like ESMF0001553 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Anuppur.
- 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 Anuppur and Anuppur.
- 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 Anuppur 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 ESMF0001553
The format of the IFSC Code for banks, including Esaf Small Finance Bank Limited, follows 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 Anuppur in Anuppur.
For example, the IFSC Code ESMF0001553 of Esaf Small Finance Bank Limited for the Anuppur branch includes these elements, identifying the bank and the branch location in Anuppur and Madhya Pradesh accurately.
How to Find IFSC Code for Esaf Small Finance Bank Limited?
To find the IFSC Code ESMF0001553 of Esaf Small Finance Bank Limited for its Anuppur branch located in Anuppur, the following methods can help you out:
Cheque Book
The cheque book issued by Esaf Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Esaf Small Finance Bank Limited branches in Anuppur and Anuppur, 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 go to the branch locator section. Then search for Anuppur or Anuppur to find the exact IFSC Code ESMF0001553.
Mobile Banking App
If you use Esaf 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 maintains an updated database of all IFSC codes. Searching for Esaf Small Finance Bank Limited and Anuppur will provide accurate information.
How to Use IFSC Code ESMF0001553 for Online Transfers?
Once you have the IFSC Code ESMF0001553 for the Anuppur branch of Esaf Small Finance Bank Limited in Anuppur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ESMF0001553. 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 ESMF0001553.
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 Anuppur in Anuppur, your payment can get delayed or might not go through at all.
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 Esaf Small Finance Bank Limited in Anuppur, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Anuppur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Anuppur Anuppur branch is ESMF0001553.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Shriram Complex,Shankar Mandir Chowk,Siddha Baba Road,Anuppur P O,Madhya Pradesh 484224.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.