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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Esaf Small Finance Bank Limited for its Dewas branch in Dewas, Ujjain, or Madhya Pradesh, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Esaf Small Finance Bank Limited located in Dewas or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code ESMF0001685. 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, Dewas, Dewas
The table below shows the main details of the IFSC Code ESMF0001685 for the Esaf Small Finance Bank Limited branch in Dewas, which falls under the Ujjain district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Esaf Small Finance Bank Limited |
| IFSC Code | ESMF0001685 |
| Branch | Dewas |
| City | Dewas |
| District | Ujjain |
| State | Madhya Pradesh |
| Address | No 13-14, Satyama Shree Ab Road, Dewas P.O. |
These details helps users in online banking and for businesses and individuals who use Esaf Small Finance Bank Limited in Dewas for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001685 for the Dewas branch of Esaf Small Finance Bank Limited plays a vital 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 Dewas, Dewas, Madhya Pradesh, is provided a unique IFSC like ESMF0001685 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 Dewas.
- 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 Dewas and Ujjain.
- 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 Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Esaf Small Finance Bank Limited in Dewas do not get misguided to another person.
Format of the IFSC Code ESMF0001685
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 Dewas in Dewas.
For example, the IFSC Code ESMF0001685 of Esaf Small Finance Bank Limited for the Dewas branch includes these elements, identifying the bank and the branch location in Dewas and Madhya Pradesh accurately.
How to Find IFSC Code for Esaf Small Finance Bank Limited?
If you are trying to find the IFSC Code ESMF0001685 of Esaf Small Finance Bank Limited for its Dewas branch located in Dewas, the following methods can help:
Cheque Book
The cheque books that are issued by Esaf Small Finance Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Esaf Small Finance Bank Limited branches in Dewas and Ujjain, 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 find the branch locator section. Search for Dewas or Dewas to get the exact IFSC Code ESMF0001685.
Mobile Banking App
If you use Esaf Small Finance Bank Limited's mobile app, you can easily 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 to help you in searching for Esaf Small Finance Bank Limited and Dewas that will provide accurate information.
How to Use IFSC Code ESMF0001685 for Online Transfers?
Once you have the IFSC Code ESMF0001685 for the Dewas branch of Esaf Small Finance Bank Limited in Dewas, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ESMF0001685. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Esaf Small Finance Bank Limited IFSC Code ESMF0001685.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Esaf Small Finance Bank Limited Dewas in Dewas, it can 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 Dewas, 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 Dewas to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ESMF0001685.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is No 13-14, Satyama Shree Ab Road, Dewas P.O. located in Dewas, Ujjain, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.