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 Dohad branch in Dohad, Dohad, Gujarat, 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 Dohad or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code ESMF0001842. 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, Dohad, Dohad

The table below shows the main details of the IFSC Code ESMF0001842 for the Esaf Small Finance Bank Limited branch in Dohad, which falls under the Dohad district in Gujarat.

Particulars Details
Bank Esaf Small Finance Bank Limited
IFSC Code ESMF0001842
Branch Dohad
City Dohad
District Dohad
State Gujarat
Address Land Mark Complex Dohad P O Dohad Gujarat

These details helps users in online banking and for businesses and individuals who use Esaf Small Finance Bank Limited in Dohad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001842 for the Dohad 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 Dohad, Dohad, Gujarat, is provided a unique IFSC like ESMF0001842 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 Dohad.
  • 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 Dohad and Dohad.
  • 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 Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Esaf Small Finance Bank Limited in Dohad do not get misguided to another person.

Format of the IFSC Code ESMF0001842

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): 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 Dohad in Dohad.

For example, the IFSC Code ESMF0001842 of Esaf Small Finance Bank Limited for the Dohad branch includes these elements, identifying the bank and the branch location in Dohad and Gujarat accurately.

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

If you are trying to find the IFSC Code ESMF0001842 of Esaf Small Finance Bank Limited for its Dohad branch located in Dohad, the following methods can help:

Cheque Book

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

Passbook

You can easily find the IFSC and MICR codes because most banks, including Esaf Small Finance Bank Limited branches in Dohad and Dohad, print them on the first page of your passbook.

Bank Website

Visit the official website of Esaf Small Finance Bank Limited and navigate to the branch locator section. Search for Dohad or Dohad to get the exact IFSC Code ESMF0001842.

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 keeps an updated list of all IFSC codes. If you search for Esaf Small Finance Bank Limited and Dohad, you'll get the correct details.

How to Use IFSC Code ESMF0001842 for Online Transfers?

If you have the IFSC Code ESMF0001842 for the Dohad branch of Esaf Small Finance Bank Limited in Dohad, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ESMF0001842. 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 ESMF0001842.

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 Dohad in Dohad, 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 Dohad, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Dohad manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Esaf Small Finance Bank Limited Dohad Dohad?

The IFSC Code of the Dohad Dohad branch is ESMF0001842.

Is IFSC Code ESMF0001842 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Esaf Small Finance Bank Limited Dohad branch?

The branch is located at Land Mark Complex Dohad P O Dohad Gujarat.

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.