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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Esaf Small Finance Bank Limited for its Sendhwa branch in Barwani, Barwani, Madhya Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Esaf Small Finance Bank Limited located in Barwani or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code ESMF0001749. 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, Sendhwa, Barwani

The table below shows the main details of the IFSC Code ESMF0001749 for the Esaf Small Finance Bank Limited branch in Barwani, which falls under the Barwani district in Madhya Pradesh.

Particulars Details
Bank Esaf Small Finance Bank Limited
IFSC Code ESMF0001749
Branch Sendhwa
City Barwani
District Barwani
State Madhya Pradesh
Address Kp Complex,Ground Floor,Opp.Boys Higher Secondary School,Old A B Road Sendhwa Po,Sendhwa Minicipality,Barwani District,Madhya Pradesh-451666

These details are crucial, not just for online banking users but also for businesses and individuals who use Esaf Small Finance Bank Limited in Barwani for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001749 for the Sendhwa 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Esaf Small Finance Bank Limited located in Sendhwa, Barwani, Madhya Pradesh, is provided a unique IFSC like ESMF0001749 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Esaf Small Finance Bank Limited branch in Barwani.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Barwani and Barwani.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Esaf Small Finance Bank Limited in Sendhwa do not get misguided to another person.

Format of the IFSC Code ESMF0001749

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 Sendhwa in Barwani.

For example, the IFSC Code ESMF0001749 of Esaf Small Finance Bank Limited for the Sendhwa branch includes these elements, identifying the bank and the branch location in Barwani and Madhya Pradesh correctly.

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

If you are trying to find the IFSC Code ESMF0001749 of Esaf Small Finance Bank Limited for its Sendhwa branch located in Barwani, 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 Barwani and Barwani, 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 Sendhwa or Barwani to get the exact IFSC Code ESMF0001749.

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 Barwani, you'll get the correct details.

How to Use IFSC Code ESMF0001749 for Online Transfers?

If you have the IFSC Code ESMF0001749 for the Sendhwa branch of Esaf Small Finance Bank Limited in Barwani, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ESMF0001749. 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 Esaf Small Finance Bank Limited IFSC Code ESMF0001749.

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 Esaf Small Finance Bank Limited Sendhwa in Barwani, it may 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 Sendhwa, 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 Barwani manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Esaf Small Finance Bank Limited in Sendhwa, Barwani?

The IFSC Code is ESMF0001749.

Is the IFSC Code ESMF0001749 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 Sendhwa?

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 Sendhwa branch?

The address of the branch is Kp Complex,Ground Floor,Opp.Boys Higher Secondary School,Old A B Road Sendhwa Po,Sendhwa Minicipality,Barwani District,Madhya Pradesh-451666 located in Barwani, Barwani, Madhya Pradesh.

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.