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 Tarapur branch in Bihar, Munger, Bihar, 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 Bihar or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code ESMF0001730. 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, Tarapur, Bihar
The table below shows the main details of the IFSC Code ESMF0001730 for the Esaf Small Finance Bank Limited branch in Bihar, which falls under the Munger district in Bihar.
| Particulars | Details |
|---|---|
| Bank | Esaf Small Finance Bank Limited |
| IFSC Code | ESMF0001730 |
| Branch | Tarapur |
| City | Bihar |
| District | Munger |
| State | Bihar |
| Address | Khata No 113,Aashary Building,Deogarh Road,Villi - Mohangunj,Tarapur Po,Munger Dist,Bihar-813221 |
These details are essential not only for online banking users but also for businesses and individuals who use Esaf Small Finance Bank Limited in Bihar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001730 for the Tarapur branch of Esaf Small Finance Bank Limited plays 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 Tarapur, Bihar, Bihar, is provided with a unique IFSC like ESMF0001730 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 Bihar.
- 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 Bihar and Munger.
- 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 Bihar and the rest of India and the IFSC Code ensures that transactions meant for Esaf Small Finance Bank Limited in Tarapur do not get mixed with another location.
Format of the IFSC Code ESMF0001730
The format of the IFSC Code for banks, including Esaf Small Finance Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Esaf Small Finance Bank Limited, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Tarapur in Bihar.
For example, the IFSC Code ESMF0001730 of Esaf Small Finance Bank Limited for the Tarapur branch includes these elements, identifying the bank and the branch location in Bihar and Bihar accurately.
How to Find IFSC Code for Esaf Small Finance Bank Limited?
If you are trying to find the IFSC Code ESMF0001730 of Esaf Small Finance Bank Limited for its Tarapur branch located in Bihar, 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 Bihar and Munger, 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 Tarapur or Bihar to get the exact IFSC Code ESMF0001730.
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 Bihar, you'll get the correct details.
How to Use IFSC Code ESMF0001730 for Online Transfers?
If you have the IFSC Code ESMF0001730 for the Tarapur branch of Esaf Small Finance Bank Limited in Bihar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ESMF0001730. 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 ESMF0001730.
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 Tarapur in Bihar, 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 Tarapur, 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 Bihar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ESMF0001730.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Khata No 113,Aashary Building,Deogarh Road,Villi - Mohangunj,Tarapur Po,Munger Dist,Bihar-813221 located in Bihar, Munger, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.