There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Esaf Small Finance Bank Limited for its Darwha branch in Darwha, Yavatmal, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Esaf Small Finance Bank Limited situated in Darwha or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code ESMF0001442. You should 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, Darwha, Darwha
Here are some of the key details that come with the IFSC Code ESMF0001442 of Esaf Small Finance Bank Limited for its branch located in Darwha, within the district of Yavatmal in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Esaf Small Finance Bank Limited |
| IFSC Code | ESMF0001442 |
| Branch | Darwha |
| City | Darwha |
| District | Yavatmal |
| State | Maharashtra |
| Address | Kamal Plaza,Opp To Dist Session Court,Yavatmal Road,Darwha Po,Yavatmal District,Maharashtra,445202 |
These details help users in online banking and for businesses and individuals who use Esaf Small Finance Bank Limited in Darwha for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001442 for the Darwha 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 Darwha, Darwha, Maharashtra, are allotted a unique IFSC like ESMF0001442 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Darwha.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Darwha and Yavatmal.
- 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 Darwha reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code ESMF0001442
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 Darwha in Darwha.
For example, the IFSC Code ESMF0001442 of Esaf Small Finance Bank Limited for the Darwha branch includes these elements, identifying the bank and the branch location in Darwha and Maharashtra correctly.
How to Find IFSC Code for Esaf Small Finance Bank Limited?
If you are looking for the IFSC Code ESMF0001442 of Esaf Small Finance Bank Limited for its Darwha branch located in Darwha, 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 Darwha and Yavatmal, 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 Darwha or Darwha to get the exact IFSC Code ESMF0001442.
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 Darwha, then it will provide you proper information.
How to Use IFSC Code ESMF0001442 for Online Transfers?
If you have the IFSC Code ESMF0001442 for the Darwha branch of Esaf Small Finance Bank Limited in Darwha, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ESMF0001442. 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 ESMF0001442.
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 Darwha in Darwha, it 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 Darwha, 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 Darwha manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Darwha Darwha branch is ESMF0001442.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Kamal Plaza,Opp To Dist Session Court,Yavatmal Road,Darwha Po,Yavatmal District,Maharashtra,445202.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.