IFSC Code of Esaf Small Finance Bank Limited, Koradi, Nagpur, Maharashtra — ESMF0001445

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 Koradi branch in Koradi, Nagpur, or Maharashtra, 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 Koradi or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ESMF0001445. 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, Koradi, Koradi

Below in the table are the key details related to IFSC Code ESMF0001445 of Esaf Small Finance Bank Limited for its branch located in Koradi, within the district of Nagpur in the state of Maharashtra.

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 Koradi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ESMF0001445 for the Koradi 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Esaf Small Finance Bank Limited located in Koradi, Koradi, Maharashtra, are allotted a unique IFSC like ESMF0001445 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Koradi.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Koradi and Nagpur.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Esaf Small Finance Bank Limited in Koradi reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code ESMF0001445

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 Koradi in Koradi.

For example, the IFSC Code ESMF0001445 of Esaf Small Finance Bank Limited for the Koradi branch includes these elements, identifying the bank and the branch location in Koradi and Maharashtra accurately.

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

To find the IFSC Code ESMF0001445 of Esaf Small Finance Bank Limited for its Koradi branch located in Koradi, 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 Koradi and Nagpur, 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 Koradi or Koradi to find the exact IFSC Code ESMF0001445.

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 Koradi will provide accurate information.

How to Use IFSC Code ESMF0001445 for Online Transfers?

Once you have the IFSC Code ESMF0001445 for the Koradi branch of Esaf Small Finance Bank Limited in Koradi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ESMF0001445. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 ESMF0001445.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Esaf Small Finance Bank Limited Koradi in Koradi, your payment can get delayed or might not go through at all.

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 Koradi, 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 Koradi manage online transfers as well as cheque clearances with ease.