IFSC Code of Esaf Small Finance Bank Limited, Butibori, Nagpur, Maharashtra — ESMF0001262

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 Butibori branch in Butibori, Nagpur, Maharashtra, 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 Butibori or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ESMF0001262. 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, Butibori, Butibori

Below in the table are the key details related to IFSC Code ESMF0001262 of Esaf Small Finance Bank Limited for its branch located in Butibori, within the district of Nagpur in the state of Maharashtra.

These details help users in online banking and for businesses and individuals who use Esaf Small Finance Bank Limited in Butibori for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001262 for the Butibori 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 provided by the Reserve Bank of India. Every bank branch, along with Esaf Small Finance Bank Limited located in Butibori, Butibori, Maharashtra, are allotted a unique IFSC like ESMF0001262 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Butibori.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Butibori and Nagpur.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Esaf Small Finance Bank Limited in Butibori reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code ESMF0001262

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): These represent the bank code. In Esaf Small Finance Bank Limited, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Butibori in Butibori.

For example, the IFSC Code ESMF0001262 of Esaf Small Finance Bank Limited for the Butibori branch has these elements, identifying the bank and the branch location in Butibori and Maharashtra correctly.

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

If you are looking for the IFSC Code ESMF0001262 of Esaf Small Finance Bank Limited for its Butibori branch located in Butibori, 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 Butibori and Nagpur, 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 Butibori or Butibori to get the exact IFSC Code ESMF0001262.

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 Butibori, then it will provide you proper information.

How to Use IFSC Code ESMF0001262 for Online Transfers?

Once you have the IFSC Code ESMF0001262 for the Butibori branch of Esaf Small Finance Bank Limited in Butibori, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ESMF0001262. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 ESMF0001262.

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 Butibori in Butibori, your payment can get delayed or might not go through at all.

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 Butibori, 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 Butibori to handle online money transfers and get their cheques cleared smoothly.