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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Esaf Small Finance Bank Limited for its Narsinghgarh branch in Madhyapradesh, Rajgarh, Madhya Pradesh, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Esaf Small Finance Bank Limited located in Madhyapradesh or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code ESMF0001760. 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, Narsinghgarh, Madhyapradesh
Here are the key points that are associated with the IFSC Code ESMF0001760 of Esaf Small Finance Bank Limited for its branch located in Madhyapradesh, within the district of Rajgarh in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Esaf Small Finance Bank Limited |
| IFSC Code | ESMF0001760 |
| Branch | Narsinghgarh |
| City | Madhyapradesh |
| District | Rajgarh |
| State | Madhya Pradesh |
| Address | Varma House,Near Raja Vikram Marg,Narsinghgarh Po,Rajgarh,Madhyapradesh-465669 |
These details help users in online banking and for businesses and individuals who use Esaf Small Finance Bank Limited in Madhyapradesh for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001760 for the Narsinghgarh branch of Esaf Small Finance Bank Limited has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like ESMF0001760 is given to every bank branch, including Esaf Small Finance Bank Limited located in Narsinghgarh, Madhyapradesh, Madhya Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Esaf Small Finance Bank Limited branch in Madhyapradesh.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Madhyapradesh and Rajgarh.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Esaf Small Finance Bank Limited in Narsinghgarh doesn't end up at another location.
Format of the IFSC Code ESMF0001760
The format of the IFSC Code for banks, including Esaf Small Finance Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Esaf Small Finance Bank Limited, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Narsinghgarh in Madhyapradesh.
For example, the IFSC Code ESMF0001760 of Esaf Small Finance Bank Limited for the Narsinghgarh branch includes these elements, identifying the bank and the branch location in Madhyapradesh and Madhya Pradesh accurately.
How to Find IFSC Code for Esaf Small Finance Bank Limited?
To find the IFSC Code ESMF0001760 of Esaf Small Finance Bank Limited for its Narsinghgarh branch located in Madhyapradesh, 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 Madhyapradesh and Rajgarh, 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 Narsinghgarh or Madhyapradesh to find the exact IFSC Code ESMF0001760.
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 Madhyapradesh will provide accurate information.
How to Use IFSC Code ESMF0001760 for Online Transfers?
If you have the IFSC Code ESMF0001760 for the Narsinghgarh branch of Esaf Small Finance Bank Limited in Madhyapradesh, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ESMF0001760. 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 ESMF0001760.
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 Narsinghgarh in Madhyapradesh, it may 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 Narsinghgarh, 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 Madhyapradesh manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Narsinghgarh Madhyapradesh branch is ESMF0001760.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Varma House,Near Raja Vikram Marg,Narsinghgarh Po,Rajgarh,Madhyapradesh-465669.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.