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 Nedumkandam Kalkoonthal branch in Nedumkandam Kalkoonthal, Idukki, Kerala, 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 Nedumkandam Kalkoonthal or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code ESMF0001520. 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, Nedumkandam Kalkoonthal, Nedumkandam Kalkoonthal
Here are some of the key details that come with the IFSC Code ESMF0001520 of Esaf Small Finance Bank Limited for its branch located in Nedumkandam Kalkoonthal, within the district of Idukki in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Esaf Small Finance Bank Limited |
| IFSC Code | ESMF0001520 |
| Branch | Nedumkandam Kalkoonthal |
| City | Nedumkandam Kalkoonthal |
| District | Idukki |
| State | Kerala |
| Address | Varakalayil Building,2Nd Floor,Anedumkandam,Idukki,685553 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Esaf Small Finance Bank Limited in Nedumkandam Kalkoonthal for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001520 for the Nedumkandam Kalkoonthal 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 Nedumkandam Kalkoonthal, Nedumkandam Kalkoonthal, Kerala, are given a unique IFSC like ESMF0001520 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Nedumkandam Kalkoonthal.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Nedumkandam Kalkoonthal and Idukki.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Esaf Small Finance Bank Limited in Nedumkandam Kalkoonthal goes to the correct branch. This is important because Esaf Small Finance Bank Limited has thousands of branches in Kerala and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code ESMF0001520
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 Nedumkandam Kalkoonthal in Nedumkandam Kalkoonthal.
For example, the IFSC Code ESMF0001520 of Esaf Small Finance Bank Limited for the Nedumkandam Kalkoonthal branch includes these elements, identifying the bank and the branch location in Nedumkandam Kalkoonthal and Kerala correctly.
How to Find IFSC Code for Esaf Small Finance Bank Limited?
If you are looking for the IFSC Code ESMF0001520 of Esaf Small Finance Bank Limited for its Nedumkandam Kalkoonthal branch located in Nedumkandam Kalkoonthal, 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 Nedumkandam Kalkoonthal and Idukki, 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 Nedumkandam Kalkoonthal or Nedumkandam Kalkoonthal to get the exact IFSC Code ESMF0001520.
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 Nedumkandam Kalkoonthal, then it will provide you proper information.
How to Use IFSC Code ESMF0001520 for Online Transfers?
If you have the IFSC Code ESMF0001520 for the Nedumkandam Kalkoonthal branch of Esaf Small Finance Bank Limited in Nedumkandam Kalkoonthal, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ESMF0001520. 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 ESMF0001520.
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 Nedumkandam Kalkoonthal in Nedumkandam Kalkoonthal, it 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 Nedumkandam Kalkoonthal, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Nedumkandam Kalkoonthal manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Nedumkandam Kalkoonthal Nedumkandam Kalkoonthal branch is ESMF0001520.
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 Varakalayil Building,2Nd Floor,Anedumkandam,Idukki,685553.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.