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 Harsud branch in Madhya Pradesh, Khandwa, 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 Madhya Pradesh or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code ESMF0001754. 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, Harsud, Madhya Pradesh

Here are the key points that are associated with the IFSC Code ESMF0001754 of Esaf Small Finance Bank Limited for its branch located in Madhya Pradesh, within the district of Khandwa in the state of Madhya Pradesh.

Particulars Details
Bank Esaf Small Finance Bank Limited
IFSC Code ESMF0001754
Branch Harsud
City Madhya Pradesh
District Khandwa
State Madhya Pradesh
Address Building No-1,New Harsud,Opp. Busstand,Chhanera P O,East Nimar Dist,Madhyapradesh-450116

These details are essential not only for online banking users but also for businesses and individuals who use Esaf Small Finance Bank Limited in Madhya Pradesh for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001754 for the Harsud 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Esaf Small Finance Bank Limited located in Harsud, Madhya Pradesh, Madhya Pradesh, is provided a unique IFSC like ESMF0001754 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Esaf Small Finance Bank Limited branch in Madhya Pradesh.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Madhya Pradesh and Khandwa.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Esaf Small Finance Bank Limited in Harsud do not get misguided to another person.

Format of the IFSC Code ESMF0001754

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 Harsud in Madhya Pradesh.

For example, the IFSC Code ESMF0001754 of Esaf Small Finance Bank Limited for the Harsud branch includes these elements, identifying the bank and the branch location in Madhya Pradesh and Madhya Pradesh accurately.

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

If you are trying to find the IFSC Code ESMF0001754 of Esaf Small Finance Bank Limited for its Harsud branch located in Madhya Pradesh, 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 Madhya Pradesh and Khandwa, 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 Harsud or Madhya Pradesh to get the exact IFSC Code ESMF0001754.

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 Madhya Pradesh, you'll get the correct details.

How to Use IFSC Code ESMF0001754 for Online Transfers?

Once you have the IFSC Code ESMF0001754 for the Harsud branch of Esaf Small Finance Bank Limited in Madhya Pradesh, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ESMF0001754. 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 ESMF0001754.

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 Harsud in Madhya Pradesh, your payment can get delayed or might not go through at all.

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 Harsud, 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 Madhya Pradesh to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Esaf Small Finance Bank Limited in Harsud, Madhya Pradesh?

The IFSC Code is ESMF0001754.

Is the IFSC Code ESMF0001754 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Esaf Small Finance Bank Limited Harsud?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Harsud branch?

The address of the branch is Building No-1,New Harsud,Opp. Busstand,Chhanera P O,East Nimar Dist,Madhyapradesh-450116 located in Madhya Pradesh, Khandwa, Madhya Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.