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 Madhurantakam branch in Madhurantakam, Kanchipuram, Tamil Nadu, 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 Madhurantakam or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code ESMF0001455. 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, Madhurantakam, Madhurantakam
The table below shows the main details of the IFSC Code ESMF0001455 for the Esaf Small Finance Bank Limited branch in Madhurantakam, which falls under the Kanchipuram district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Esaf Small Finance Bank Limited |
| IFSC Code | ESMF0001455 |
| Branch | Madhurantakam |
| City | Madhurantakam |
| District | Kanchipuram |
| State | Tamil Nadu |
| Address | 81,A,Sengunthar Pettai Street,Opp Bsnl,Madurantakam Po,603306 |
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 Madhurantakam for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ESMF0001455 for the Madhurantakam 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 Madhurantakam, Madhurantakam, Tamil Nadu, are given a unique IFSC like ESMF0001455 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Madhurantakam.
- 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 Madhurantakam and Kanchipuram.
- 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 Madhurantakam goes to the correct branch. This is important because Esaf Small Finance Bank Limited has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code ESMF0001455
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 Madhurantakam in Madhurantakam.
For example, the IFSC Code ESMF0001455 of Esaf Small Finance Bank Limited for the Madhurantakam branch includes these elements, identifying the bank and the branch location in Madhurantakam and Tamil Nadu accurately.
How to Find IFSC Code for Esaf Small Finance Bank Limited?
If you are looking for the IFSC Code ESMF0001455 of Esaf Small Finance Bank Limited for its Madhurantakam branch located in Madhurantakam, the following methods can help:
Cheque Book
The cheque book that is issued by Esaf Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Esaf Small Finance Bank Limited branches in Madhurantakam and Kanchipuram, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Esaf Small Finance Bank Limited and look for the branch locator section, then search for Madhurantakam or Madhurantakam to get the exact IFSC Code ESMF0001455.
Mobile Banking App
If you use Esaf Small Finance Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Esaf Small Finance Bank Limited and Madhurantakam, then it will provide you proper information.
How to Use IFSC Code ESMF0001455 for Online Transfers?
Once you have the IFSC Code ESMF0001455 for the Madhurantakam branch of Esaf Small Finance Bank Limited in Madhurantakam, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ESMF0001455. 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 ESMF0001455.
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 Madhurantakam in Madhurantakam, it can 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 Madhurantakam, 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 Madhurantakam manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is ESMF0001455.
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 81,A,Sengunthar Pettai Street,Opp Bsnl,Madurantakam Po,603306 located in Madhurantakam, Kanchipuram, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.