IFSC Code of Esaf Small Finance Bank Limited, Chennai Annanagar, Chennai, Tamil Nadu — ESMF0001621

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 Chennai Annanagar branch in Chennai Annanagar, Chennai, Tamil Nadu, 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 Chennai Annanagar or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code ESMF0001621. 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, Chennai Annanagar, Chennai Annanagar

Here are some of the key details that come with the IFSC Code ESMF0001621 of Esaf Small Finance Bank Limited for its branch located in Chennai Annanagar, within the district of Chennai in the state of Tamil Nadu.

These details are essential not only for online banking users but also for businesses and individuals who use Esaf Small Finance Bank Limited in Chennai Annanagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001621 for the Chennai Annanagar 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, 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 Chennai Annanagar, Chennai Annanagar, Tamil Nadu, is provided a unique IFSC like ESMF0001621 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 Chennai Annanagar.
• 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 Chennai Annanagar and Chennai.
• 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 Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Esaf Small Finance Bank Limited in Chennai Annanagar do not get misguided to another person.

Format of the IFSC Code ESMF0001621

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 Chennai Annanagar in Chennai Annanagar.

For example, the IFSC Code ESMF0001621 of Esaf Small Finance Bank Limited for the Chennai Annanagar branch includes these elements, identifying the bank and the branch location in Chennai Annanagar and Tamil Nadu accurately.

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

To find the IFSC Code ESMF0001621 of Esaf Small Finance Bank Limited for its Chennai Annanagar branch located in Chennai Annanagar, the following methods can help you out:

Cheque Book

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

Passbook

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

Bank Website

Visit the official website of Esaf Small Finance Bank Limited and go to the branch locator section. Then search for Chennai Annanagar or Chennai Annanagar to find the exact IFSC Code ESMF0001621.

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 maintains an updated database of all IFSC codes. Searching for Esaf Small Finance Bank Limited and Chennai Annanagar will provide accurate information.

How to Use IFSC Code ESMF0001621 for Online Transfers?

If you have the IFSC Code ESMF0001621 for the Chennai Annanagar branch of Esaf Small Finance Bank Limited in Chennai Annanagar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ESMF0001621. 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 ESMF0001621.

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 Chennai Annanagar in Chennai Annanagar, 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 Chennai Annanagar, 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 Chennai Annanagar to handle online money transfers and get their cheques cleared smoothly.