For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Esaf Small Finance Bank Limited for its Kushalgarh branch in Banswara, Banswara, Rajasthan, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Esaf Small Finance Bank Limited located in Banswara or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code ESMF0001784. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Esaf Small Finance Bank Limited, Kushalgarh, Banswara

Here are the key points that are associated with the IFSC Code ESMF0001784 of Esaf Small Finance Bank Limited for its branch located in Banswara, within the district of Banswara in the state of Rajasthan.

Particulars Details
Bank Esaf Small Finance Bank Limited
IFSC Code ESMF0001784
Branch Kushalgarh
City Banswara
District Banswara
State Rajasthan
Address Bhanwar Roshan Villa,Infront Of Bsnl Offic,Mahalaxmi Nagar,Kushalgarh,P.O.Banswara District,Rajasthan-327801

These details are crucial, not just for online banking users but also for businesses and individuals who use Esaf Small Finance Bank Limited in Banswara for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001784 for the Kushalgarh 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, along with Esaf Small Finance Bank Limited located in Kushalgarh, Banswara, Rajasthan, are given a unique IFSC like ESMF0001784 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code ESMF0001784

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 Kushalgarh in Banswara.

For example, the IFSC Code ESMF0001784 of Esaf Small Finance Bank Limited for the Kushalgarh branch includes these elements, identifying the bank and the branch location in Banswara and Rajasthan accurately.

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

If you are looking for the IFSC Code ESMF0001784 of Esaf Small Finance Bank Limited for its Kushalgarh branch located in Banswara, the following methods can help:

Cheque Book

The cheque book that is issued by Esaf Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Esaf Small Finance Bank Limited and look for the branch locator section, then search for Kushalgarh or Banswara to get the exact IFSC Code ESMF0001784.

Mobile Banking App

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

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Esaf Small Finance Bank Limited and Banswara, then it will provide you proper information.

How to Use IFSC Code ESMF0001784 for Online Transfers?

Once you have the IFSC Code ESMF0001784 for the Kushalgarh branch of Esaf Small Finance Bank Limited in Banswara, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ESMF0001784. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

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

IMPS

Instant 24×7 transfers. You need the recipient's account details and Esaf Small Finance Bank Limited IFSC Code ESMF0001784.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Esaf Small Finance Bank Limited Kushalgarh in Banswara, it can result in delayed or failed transactions.

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 Kushalgarh, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Banswara to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Esaf Small Finance Bank Limited in Kushalgarh, Banswara?

The IFSC Code is ESMF0001784.

Is the IFSC Code ESMF0001784 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 Esaf Small Finance Bank Limited Kushalgarh?

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 Kushalgarh branch?

The address of the branch is Bhanwar Roshan Villa,Infront Of Bsnl Offic,Mahalaxmi Nagar,Kushalgarh,P.O.Banswara District,Rajasthan-327801 located in Banswara, Banswara, Rajasthan.

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.