IFSC Code of Esaf Small Finance Bank Limited, Koothuparamba, Kozhikode, Kerala — ESMF0001824

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 Koothuparamba branch in Kozhikode, Kozhikode, or Kerala, 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 Kozhikode or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code ESMF0001824. 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, Koothuparamba, Kozhikode

Here are some of the key details that come with the IFSC Code ESMF0001824 of Esaf Small Finance Bank Limited for its branch located in Kozhikode, within the district of Kozhikode in the state of Kerala.

These details helps users in online banking and for businesses and individuals who use Esaf Small Finance Bank Limited in Kozhikode for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001824 for the Koothuparamba 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, including Esaf Small Finance Bank Limited located in Koothuparamba, Kozhikode, Kerala, is provided with a unique IFSC like ESMF0001824 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Esaf Small Finance Bank Limited branch in Kozhikode.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Kozhikode and Kozhikode.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Kerala and the rest of India and the IFSC Code ensures that transactions meant for Esaf Small Finance Bank Limited in Koothuparamba do not get mixed with another location.

Format of the IFSC Code ESMF0001824

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 Koothuparamba in Kozhikode.

For example, the IFSC Code ESMF0001824 of Esaf Small Finance Bank Limited for the Koothuparamba branch includes these elements, identifying the bank and the branch location in Kozhikode and Kerala correctly.

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

If you are trying to find the IFSC Code ESMF0001824 of Esaf Small Finance Bank Limited for its Koothuparamba branch located in Kozhikode, 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 Kozhikode and Kozhikode, 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 Koothuparamba or Kozhikode to get the exact IFSC Code ESMF0001824.

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 Kozhikode, you'll get the correct details.

How to Use IFSC Code ESMF0001824 for Online Transfers?

If you have the IFSC Code ESMF0001824 for the Koothuparamba branch of Esaf Small Finance Bank Limited in Kozhikode, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ESMF0001824. 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 ESMF0001824.

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 Koothuparamba in Kozhikode, it may 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 Koothuparamba, 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 Kozhikode manage online transfers as well as cheque clearances with ease.