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 New Delhi Chittaranjan Park branch in New Delhi Chittaranjan Park, Delhi, Delhi, 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 New Delhi Chittaranjan Park or anywhere in Delhi can easily transfer funds instantly by using the correct IFSC Code ESMF0001618. 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, New Delhi Chittaranjan Park, New Delhi Chittaranjan Park
Below in the table are the key details related to IFSC Code ESMF0001618 of Esaf Small Finance Bank Limited for its branch located in New Delhi Chittaranjan Park, within the district of Delhi in the state of Delhi.
| Particulars | Details |
|---|---|
| Bank | Esaf Small Finance Bank Limited |
| IFSC Code | ESMF0001618 |
| Branch | New Delhi Chittaranjan Park |
| City | New Delhi Chittaranjan Park |
| District | Delhi |
| State | Delhi |
| Address | D 596, Chittaranjan Park, Opposite Ramanaujan College, New Delhi 110019 |
These details are essential not only for online banking users but also for businesses and individuals who use Esaf Small Finance Bank Limited in New Delhi Chittaranjan Park for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001618 for the New Delhi Chittaranjan Park branch of Esaf Small Finance Bank Limited plays 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 New Delhi Chittaranjan Park, New Delhi Chittaranjan Park, Delhi, are allotted a unique IFSC like ESMF0001618 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in New Delhi Chittaranjan Park.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like New Delhi Chittaranjan Park and Delhi.
- 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 New Delhi Chittaranjan Park reaches the right place, even though there are thousands of branches in Delhi and across India.
Format of the IFSC Code ESMF0001618
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 New Delhi Chittaranjan Park in New Delhi Chittaranjan Park.
For example, the IFSC Code ESMF0001618 of Esaf Small Finance Bank Limited for the New Delhi Chittaranjan Park branch has these elements, identifying the bank and the branch location in New Delhi Chittaranjan Park and Delhi correctly.
How to Find IFSC Code for Esaf Small Finance Bank Limited?
If you are trying to find the IFSC Code ESMF0001618 of Esaf Small Finance Bank Limited for its New Delhi Chittaranjan Park branch located in New Delhi Chittaranjan Park, the following methods can help:
Cheque Book
The cheque books that are issued by Esaf Small Finance Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Esaf Small Finance Bank Limited branches in New Delhi Chittaranjan Park and Delhi, 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 find the branch locator section. Search for New Delhi Chittaranjan Park or New Delhi Chittaranjan Park to get the exact IFSC Code ESMF0001618.
Mobile Banking App
If you use Esaf Small Finance Bank Limited's mobile app, you can easily 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 to help you in searching for Esaf Small Finance Bank Limited and New Delhi Chittaranjan Park that will provide accurate information.
How to Use IFSC Code ESMF0001618 for Online Transfers?
Once you have the IFSC Code ESMF0001618 for the New Delhi Chittaranjan Park branch of Esaf Small Finance Bank Limited in New Delhi Chittaranjan Park, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ESMF0001618. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Esaf Small Finance Bank Limited IFSC Code ESMF0001618.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Esaf Small Finance Bank Limited New Delhi Chittaranjan Park in New Delhi Chittaranjan Park, it can result in delayed or failed transactions.
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 New Delhi Chittaranjan Park, 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 New Delhi Chittaranjan Park manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ESMF0001618.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is D 596, Chittaranjan Park, Opposite Ramanaujan College, New Delhi 110019 located in New Delhi Chittaranjan Park, Delhi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.