Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Esaf Small Finance Bank Limited for its Avanavanchery branch in Avanavanchery, Thiruvananthapuram, or Kerala, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Esaf Small Finance Bank Limited located in Avanavanchery or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code ESMF0001116. You should definitely 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, Avanavanchery, Avanavanchery
Below in the table are the key details related to IFSC Code ESMF0001116 of Esaf Small Finance Bank Limited for its branch located in Avanavanchery, within the district of Thiruvananthapuram in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Esaf Small Finance Bank Limited |
| IFSC Code | ESMF0001116 |
| Branch | Avanavanchery |
| City | Avanavanchery |
| District | Thiruvananthapuram |
| State | Kerala |
| Address | No Viii/165/2 Ground Floor, Chirayil Building, Attingal - Avanvancherry (Part), Avanavancherry P O Attingal Thiruvananthapuram District Pin 695101 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Esaf Small Finance Bank Limited in Avanavanchery for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001116 for the Avanavanchery branch of Esaf Small Finance Bank Limited has an important 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, including Esaf Small Finance Bank Limited located in Avanavanchery, Avanavanchery, Kerala, is provided with a unique IFSC like ESMF0001116 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Esaf Small Finance Bank Limited branch in Avanavanchery.
- 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 Avanavanchery and Thiruvananthapuram.
- 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 Kerala and the rest of India and the IFSC Code ensures that transactions meant for Esaf Small Finance Bank Limited in Avanavanchery do not get mixed with another location.
Format of the IFSC Code ESMF0001116
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 Avanavanchery in Avanavanchery.
For example, the IFSC Code ESMF0001116 of Esaf Small Finance Bank Limited for the Avanavanchery branch includes these elements, identifying the bank and the branch location in Avanavanchery and Kerala accurately.
How to Find IFSC Code for Esaf Small Finance Bank Limited?
If you are trying to find the IFSC Code ESMF0001116 of Esaf Small Finance Bank Limited for its Avanavanchery branch located in Avanavanchery, the following methods can help:
Cheque Book
The cheque book issued by Esaf 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 Esaf Small Finance Bank Limited branches in Avanavanchery and Thiruvananthapuram, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Esaf Small Finance Bank Limited and navigate to the branch locator section. Search for Avanavanchery or Avanavanchery to get the exact IFSC Code ESMF0001116.
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 keeps an updated list of all IFSC codes. If you search for Esaf Small Finance Bank Limited and Avanavanchery, you'll get the correct details.
How to Use IFSC Code ESMF0001116 for Online Transfers?
Once you have the IFSC Code ESMF0001116 for the Avanavanchery branch of Esaf Small Finance Bank Limited in Avanavanchery, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ESMF0001116. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Esaf Small Finance Bank Limited IFSC Code ESMF0001116.
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 Avanavanchery in Avanavanchery, 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 Avanavanchery, 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 Avanavanchery manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Avanavanchery Avanavanchery branch is ESMF0001116.
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 No Viii/165/2 Ground Floor, Chirayil Building, Attingal - Avanvancherry (Part), Avanavancherry P O Attingal Thiruvananthapuram District Pin 695101.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.