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 Sehore branch in Madhya Pradesh, Sehore, 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 ESMF0001762. 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, Sehore, Madhya Pradesh
The table below shows the main details of the IFSC Code ESMF0001762 for the Esaf Small Finance Bank Limited branch in Madhya Pradesh, which falls under the Sehore district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Esaf Small Finance Bank Limited |
| IFSC Code | ESMF0001762 |
| Branch | Sehore |
| City | Madhya Pradesh |
| District | Sehore |
| State | Madhya Pradesh |
| Address | Rathore Plance,Ground Floor,Near Suzuki Showroom,Sekrakhedi Road,Po Sehore,Sehore Dist,Madhya Pradesh-466001 |
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 ESMF0001762 for the Sehore 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Esaf Small Finance Bank Limited located in Sehore, Madhya Pradesh, Madhya Pradesh, are allotted a unique IFSC like ESMF0001762 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Madhya Pradesh.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Madhya Pradesh and Sehore.
- 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 Sehore reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code ESMF0001762
The format of the IFSC Code for banks, including Esaf Small Finance Bank Limited, follows 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 Sehore in Madhya Pradesh.
For example, the IFSC Code ESMF0001762 of Esaf Small Finance Bank Limited for the Sehore 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 looking for the IFSC Code ESMF0001762 of Esaf Small Finance Bank Limited for its Sehore branch located in Madhya Pradesh, 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 Madhya Pradesh and Sehore, 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 Sehore or Madhya Pradesh to get the exact IFSC Code ESMF0001762.
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 Madhya Pradesh, then it will provide you proper information.
How to Use IFSC Code ESMF0001762 for Online Transfers?
Once you have the IFSC Code ESMF0001762 for the Sehore 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 ESMF0001762. 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 ESMF0001762.
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 Sehore 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 are very different from IFSC codes. If you are looking for the MICR code of Esaf Small Finance Bank Limited in Sehore, 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 Madhya Pradesh manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is ESMF0001762.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Rathore Plance,Ground Floor,Near Suzuki Showroom,Sekrakhedi Road,Po Sehore,Sehore Dist,Madhya Pradesh-466001 located in Madhya Pradesh, Sehore, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.