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 Jagdalpur branch in Jagdalpur, Bastar, or Chhattisgarh, 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 Jagdalpur or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code ESMF0001719. 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, Jagdalpur, Jagdalpur
Here are the key points that are associated with the IFSC Code ESMF0001719 of Esaf Small Finance Bank Limited for its branch located in Jagdalpur, within the district of Bastar in the state of Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Esaf Small Finance Bank Limited |
| IFSC Code | ESMF0001719 |
| Branch | Jagdalpur |
| City | Jagdalpur |
| District | Bastar |
| State | Chhattisgarh |
| Address | No- 22/1, Airport Road, Old Bus Stand Chowk, Kumharapara, Jagdalpur P O, Bastar Dist, Chhattisgarh - 494001 |
These details helps users in online banking and for businesses and individuals who use Esaf Small Finance Bank Limited in Jagdalpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001719 for the Jagdalpur 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Esaf Small Finance Bank Limited located in Jagdalpur, Jagdalpur, Chhattisgarh, are given a unique IFSC like ESMF0001719 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jagdalpur.
- 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 Jagdalpur and Bastar.
- 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 Jagdalpur goes to the correct branch. This is important because Esaf Small Finance Bank Limited has thousands of branches in Chhattisgarh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code ESMF0001719
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 Jagdalpur in Jagdalpur.
For example, the IFSC Code ESMF0001719 of Esaf Small Finance Bank Limited for the Jagdalpur branch includes these elements, identifying the bank and the branch location in Jagdalpur and Chhattisgarh accurately.
How to Find IFSC Code for Esaf Small Finance Bank Limited?
If you are trying to find the IFSC Code ESMF0001719 of Esaf Small Finance Bank Limited for its Jagdalpur branch located in Jagdalpur, 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 Jagdalpur and Bastar, 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 Jagdalpur or Jagdalpur to get the exact IFSC Code ESMF0001719.
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 Jagdalpur, you'll get the correct details.
How to Use IFSC Code ESMF0001719 for Online Transfers?
Once you have the IFSC Code ESMF0001719 for the Jagdalpur branch of Esaf Small Finance Bank Limited in Jagdalpur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ESMF0001719. 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 ESMF0001719.
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 Jagdalpur in Jagdalpur, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Esaf Small Finance Bank Limited in Jagdalpur, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Esaf Small Finance Bank Limited website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Jagdalpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ESMF0001719.
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- 22/1, Airport Road, Old Bus Stand Chowk, Kumharapara, Jagdalpur P O, Bastar Dist, Chhattisgarh - 494001 located in Jagdalpur, Bastar, Chhattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.