There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Esaf Small Finance Bank Limited for its Nandurbar branch in Nagpur, Nandurbar, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Esaf Small Finance Bank Limited situated in Nagpur or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code ESMF0001779. You should 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, Nandurbar, Nagpur

Here are the main details that are associated with the IFSC Code ESMF0001779 of Esaf Small Finance Bank Limited for its branch located in Nagpur, within the district of Nandurbar in the state of Maharashtra.

Particulars Details
Bank Esaf Small Finance Bank Limited
IFSC Code ESMF0001779
Branch Nandurbar
City Nagpur
District Nandurbar
State Maharashtra
Address No 27 Sreeram Complex Neardatta Mandir Nandurbar P O Nandurbar Maharashtra 425412

These details are crucial, not just for online banking users but also for businesses and individuals who use Esaf Small Finance Bank Limited in Nagpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001779 for the Nandurbar 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 Nandurbar, Nagpur, Maharashtra, are allotted a unique IFSC like ESMF0001779 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Nagpur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Nagpur and Nandurbar.
  • 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 Nandurbar reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code ESMF0001779

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): These represent the bank code. In Esaf Small Finance Bank Limited, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Nandurbar in Nagpur.

For example, the IFSC Code ESMF0001779 of Esaf Small Finance Bank Limited for the Nandurbar branch has these elements, identifying the bank and the branch location in Nagpur and Maharashtra correctly.

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

If you are trying to find the IFSC Code ESMF0001779 of Esaf Small Finance Bank Limited for its Nandurbar branch located in Nagpur, 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 Nagpur and Nandurbar, 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 Nandurbar or Nagpur to get the exact IFSC Code ESMF0001779.

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 Nagpur, you'll get the correct details.

How to Use IFSC Code ESMF0001779 for Online Transfers?

Once you have the IFSC Code ESMF0001779 for the Nandurbar branch of Esaf Small Finance Bank Limited in Nagpur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ESMF0001779. 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 ESMF0001779.

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 Nandurbar in Nagpur, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Esaf Small Finance Bank Limited in Nandurbar, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Esaf Small Finance Bank Limited website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Nagpur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Esaf Small Finance Bank Limited in Nandurbar, Nagpur?

The IFSC Code is ESMF0001779.

Is the IFSC Code ESMF0001779 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Nandurbar branch?

The address of the branch is No 27 Sreeram Complex Neardatta Mandir Nandurbar P O Nandurbar Maharashtra 425412 located in Nagpur, Nandurbar, Maharashtra.

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.