The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Esaf Small Finance Bank Limited for its Sihora branch in Jabalpur, Jabalpur, Madhya Pradesh, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Esaf Small Finance Bank Limited located in Jabalpur or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code ESMF0001329. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Esaf Small Finance Bank Limited, Sihora, Jabalpur
Here are the main details that are associated with the IFSC Code ESMF0001329 of Esaf Small Finance Bank Limited for its branch located in Jabalpur, within the district of Jabalpur in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Esaf Small Finance Bank Limited |
| IFSC Code | ESMF0001329 |
| Branch | Sihora |
| City | Jabalpur |
| District | Jabalpur |
| State | Madhya Pradesh |
| Address | Ground Floor,Near Railway Stn Tri Jntn,Ward No 09,Shivaajiward,Jabalpur District,Mp 483225,483225 |
These details are essential not only for online banking users but also for businesses and individuals who use Esaf Small Finance Bank Limited in Jabalpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001329 for the Sihora 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Esaf Small Finance Bank Limited located in Sihora, Jabalpur, Madhya Pradesh, are given a unique IFSC like ESMF0001329 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jabalpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Jabalpur and Jabalpur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Esaf Small Finance Bank Limited in Sihora goes to the correct branch. This is important because Esaf Small Finance Bank Limited has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code ESMF0001329
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 Sihora in Jabalpur.
For example, the IFSC Code ESMF0001329 of Esaf Small Finance Bank Limited for the Sihora branch includes these elements, identifying the bank and the branch location in Jabalpur and Madhya Pradesh correctly.
How to Find IFSC Code for Esaf Small Finance Bank Limited?
If you are trying to find the IFSC Code ESMF0001329 of Esaf Small Finance Bank Limited for its Sihora branch located in Jabalpur, 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
Most banks, including Esaf Small Finance Bank Limited branches in Jabalpur and Jabalpur, print the IFSC and MICR codes 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 Sihora or Jabalpur to get the exact IFSC Code ESMF0001329.
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 Jabalpur, you'll get the correct details.
How to Use IFSC Code ESMF0001329 for Online Transfers?
Once you have the IFSC Code ESMF0001329 for the Sihora branch of Esaf Small Finance Bank Limited in Jabalpur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ESMF0001329. Transfers are processed in batches. This is 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. Requires the recipient's account details and Esaf Small Finance Bank Limited IFSC Code ESMF0001329.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Esaf Small Finance Bank Limited Sihora in Jabalpur 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 Sihora, 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 Jabalpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ESMF0001329.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ground Floor,Near Railway Stn Tri Jntn,Ward No 09,Shivaajiward,Jabalpur District,Mp 483225,483225 located in Jabalpur, Jabalpur, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.