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 Faridabad branch in Faridabad, Faridabad, Haryana, 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 Faridabad or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code ESMF0001661. 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, Faridabad, Faridabad

Here are the key points that are associated with the IFSC Code ESMF0001661 of Esaf Small Finance Bank Limited for its branch located in Faridabad, within the district of Faridabad in the state of Haryana.

Particulars Details
Bank Esaf Small Finance Bank Limited
IFSC Code ESMF0001661
Branch Faridabad
City Faridabad
District Faridabad
State Haryana
Address No-5-D-1, Bungalow Plot, Neelam Railway Road, New Industrail Town, Faridabad P O, Faridabad, Haryana 121001

These details are important not only for users using online banking but also for businesses and individuals who use Esaf Small Finance Bank Limited in Faridabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ESMF0001661 for the Faridabad branch of Esaf Small Finance Bank Limited is vital.

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 Faridabad, Faridabad, Haryana, is provided a unique IFSC like ESMF0001661 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 Faridabad.
  • 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 Faridabad and Faridabad.
  • 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 Haryana and the rest of India, the IFSC Code ensures that transactions meant for Esaf Small Finance Bank Limited in Faridabad do not get misguided to another person.

Format of the IFSC Code ESMF0001661

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 Faridabad in Faridabad.

For example, the IFSC Code ESMF0001661 of Esaf Small Finance Bank Limited for the Faridabad branch includes these elements, identifying the bank and the branch location in Faridabad and Haryana accurately.

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

To find the IFSC Code ESMF0001661 of Esaf Small Finance Bank Limited for its Faridabad branch located in Faridabad, 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 Faridabad and Faridabad, 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 Faridabad or Faridabad to find the exact IFSC Code ESMF0001661.

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 Faridabad will provide accurate information.

How to Use IFSC Code ESMF0001661 for Online Transfers?

If you have the IFSC Code ESMF0001661 for the Faridabad branch of Esaf Small Finance Bank Limited in Faridabad, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ESMF0001661. 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 ESMF0001661.

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 Faridabad in Faridabad, 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 Faridabad, 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 Faridabad manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Esaf Small Finance Bank Limited in Faridabad, Faridabad?

The IFSC Code is ESMF0001661.

Is the IFSC Code ESMF0001661 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Esaf Small Finance Bank Limited Faridabad?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Faridabad branch?

The address of the branch is No-5-D-1, Bungalow Plot, Neelam Railway Road, New Industrail Town, Faridabad P O, Faridabad, Haryana 121001 located in Faridabad, Faridabad, Haryana.

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.