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 Brahmapuri branch in Brahmapuri, Brahmapuri, Maharashtra, 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 Brahmapuri or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ESMF0001290. 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, Brahmapuri, Brahmapuri

The table below shows the main details of the IFSC Code ESMF0001290 for the Esaf Small Finance Bank Limited branch in Brahmapuri, which falls under the Brahmapuri district in Maharashtra.

Particulars Details
Bank Esaf Small Finance Bank Limited
IFSC Code ESMF0001290
Branch Brahmapuri
City Brahmapuri
District Brahmapuri
State Maharashtra
Address 1St Floor,Sri Nandkishor Devaji,Pise Plot No 50,Sheshnagar,Brahmapuri,Chandrapur Dist,Maharashtra 441206

These details help users in online banking and for businesses and individuals who use Esaf Small Finance Bank Limited in Brahmapuri for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001290 for the Brahmapuri branch of Esaf Small Finance Bank Limited has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like ESMF0001290 is given to every bank branch, including Esaf Small Finance Bank Limited located in Brahmapuri, Brahmapuri, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Esaf Small Finance Bank Limited branch in Brahmapuri.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Brahmapuri and Brahmapuri.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Esaf Small Finance Bank Limited in Brahmapuri doesn't end up at another location.

Format of the IFSC Code ESMF0001290

This is the format of the IFSC Code for banks, including Esaf Small Finance Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Esaf Small Finance Bank Limited, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Brahmapuri in Brahmapuri.

For example, the IFSC Code ESMF0001290 of Esaf Small Finance Bank Limited for the Brahmapuri branch includes these elements, identifying the bank and the branch location in Brahmapuri and Maharashtra accurately.

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

If you are looking for the IFSC Code ESMF0001290 of Esaf Small Finance Bank Limited for its Brahmapuri branch located in Brahmapuri, 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 Brahmapuri and Brahmapuri, 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 Brahmapuri or Brahmapuri to get the exact IFSC Code ESMF0001290.

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 Brahmapuri, then it will provide you proper information.

How to Use IFSC Code ESMF0001290 for Online Transfers?

Once you have the IFSC Code ESMF0001290 for the Brahmapuri branch of Esaf Small Finance Bank Limited in Brahmapuri, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ESMF0001290. Transfers are processed in batches. This is 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. Requires the recipient's account details and Esaf Small Finance Bank Limited IFSC Code ESMF0001290.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Esaf Small Finance Bank Limited Brahmapuri in Brahmapuri may result in delayed or failed transactions.

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 Brahmapuri, 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 Brahmapuri manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

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

The IFSC Code is ESMF0001290.

Is the IFSC Code ESMF0001290 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 Brahmapuri?

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 Brahmapuri branch?

The address of the branch is 1St Floor,Sri Nandkishor Devaji,Pise Plot No 50,Sheshnagar,Brahmapuri,Chandrapur Dist,Maharashtra 441206 located in Brahmapuri, Brahmapuri, Maharashtra.

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.