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 Murtijapur branch in Murtijapur, Akola, Maharashtra, 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 Murtijapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ESMF0001563. 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, Murtijapur, Murtijapur
Here are some of the key details that come with the IFSC Code ESMF0001563 of Esaf Small Finance Bank Limited for its branch located in Murtijapur, within the district of Akola in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Esaf Small Finance Bank Limited |
| IFSC Code | ESMF0001563 |
| Branch | Murtijapur |
| City | Murtijapur |
| District | Akola |
| State | Maharashtra |
| Address | Somani Complex,Jay Stambh Chowk,Murtijapur P O,Akola 444107 |
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 Murtijapur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ESMF0001563 for the Murtijapur 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 Murtijapur, Murtijapur, Maharashtra, are allotted a unique IFSC like ESMF0001563 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Murtijapur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Murtijapur and Akola.
- 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 Murtijapur reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code ESMF0001563
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 Murtijapur in Murtijapur.
For example, the IFSC Code ESMF0001563 of Esaf Small Finance Bank Limited for the Murtijapur branch includes these elements, identifying the bank and the branch location in Murtijapur and Maharashtra accurately.
How to Find IFSC Code for Esaf Small Finance Bank Limited?
If you are trying to find the IFSC Code ESMF0001563 of Esaf Small Finance Bank Limited for its Murtijapur branch located in Murtijapur, 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 Murtijapur and Akola, 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 Murtijapur or Murtijapur to get the exact IFSC Code ESMF0001563.
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 Murtijapur, you'll get the correct details.
How to Use IFSC Code ESMF0001563 for Online Transfers?
Once you have the IFSC Code ESMF0001563 for the Murtijapur branch of Esaf Small Finance Bank Limited in Murtijapur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ESMF0001563. 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 ESMF0001563.
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 Murtijapur in Murtijapur, 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 Murtijapur, 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 Murtijapur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ESMF0001563.
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 Somani Complex,Jay Stambh Chowk,Murtijapur P O,Akola 444107 located in Murtijapur, Akola, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.