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 Nabrangpur branch in Nabrangpur, Nabrangpur, Odisha, 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 Nabrangpur or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code ESMF0001706. 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, Nabrangpur, Nabrangpur
Here are the main details that are associated with the IFSC Code ESMF0001706 of Esaf Small Finance Bank Limited for its branch located in Nabrangpur, within the district of Nabrangpur in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Esaf Small Finance Bank Limited |
| IFSC Code | ESMF0001706 |
| Branch | Nabrangpur |
| City | Nabrangpur |
| District | Nabrangpur |
| State | Odisha |
| Address | Building No- 477/216, Near Truck Union, Nabrangpur Dist, Odisha- 764059 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Esaf Small Finance Bank Limited in Nabrangpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001706 for the Nabrangpur branch of Esaf Small Finance Bank Limited has 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 Nabrangpur, Nabrangpur, Odisha, are allotted a unique IFSC like ESMF0001706 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Nabrangpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Nabrangpur and Nabrangpur.
- 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 Nabrangpur reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code ESMF0001706
The format of the IFSC Code for banks, including Esaf Small Finance Bank Limited, has 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 Nabrangpur in Nabrangpur.
For example, the IFSC Code ESMF0001706 of Esaf Small Finance Bank Limited for the Nabrangpur branch includes these elements, identifying the bank and the branch location in Nabrangpur and Odisha correctly.
How to Find IFSC Code for Esaf Small Finance Bank Limited?
To find the IFSC Code ESMF0001706 of Esaf Small Finance Bank Limited for its Nabrangpur branch located in Nabrangpur, 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 Nabrangpur and Nabrangpur, 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 Nabrangpur or Nabrangpur to find the exact IFSC Code ESMF0001706.
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 Nabrangpur will provide accurate information.
How to Use IFSC Code ESMF0001706 for Online Transfers?
Once you have the IFSC Code ESMF0001706 for the Nabrangpur branch of Esaf Small Finance Bank Limited in Nabrangpur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ESMF0001706. Transfers are processed in batches. This is 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. Requires the recipient's account details and Esaf Small Finance Bank Limited IFSC Code ESMF0001706.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Esaf Small Finance Bank Limited Nabrangpur in Nabrangpur may result in delayed or failed transactions.
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 Nabrangpur, 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 Nabrangpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ESMF0001706.
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 Building No- 477/216, Near Truck Union, Nabrangpur Dist, Odisha- 764059 located in Nabrangpur, Nabrangpur, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.