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 New Delhi Mayur Vihar branch in New Delhi Mayur Vihar, East Delhi, Delhi, 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 New Delhi Mayur Vihar or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code ESMF0001592. 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, New Delhi Mayur Vihar, New Delhi Mayur Vihar
Here are the main details that are associated with the IFSC Code ESMF0001592 of Esaf Small Finance Bank Limited for its branch located in New Delhi Mayur Vihar, within the district of East Delhi in the state of Delhi.
| Particulars | Details |
|---|---|
| Bank | Esaf Small Finance Bank Limited |
| IFSC Code | ESMF0001592 |
| Branch | New Delhi Mayur Vihar |
| City | New Delhi Mayur Vihar |
| District | East Delhi |
| State | Delhi |
| Address | C 18, Sashi Garden, Mayur Vihar,Phase 1,New Delhi 110091 |
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 New Delhi Mayur Vihar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ESMF0001592 for the New Delhi Mayur Vihar 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 New Delhi Mayur Vihar, New Delhi Mayur Vihar, Delhi, are allotted a unique IFSC like ESMF0001592 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 Mayur Vihar.
- 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 Mayur Vihar and East 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 Mayur Vihar reaches the right place, even though there are thousands of branches in Delhi and across India.
Format of the IFSC Code ESMF0001592
This is the format of the IFSC Code for banks, including Esaf Small Finance Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Esaf Small Finance Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as New Delhi Mayur Vihar in New Delhi Mayur Vihar.
For example, the IFSC Code ESMF0001592 of Esaf Small Finance Bank Limited for the New Delhi Mayur Vihar branch includes these elements, identifying the bank and the branch location in New Delhi Mayur Vihar and Delhi accurately.
How to Find IFSC Code for Esaf Small Finance Bank Limited?
If you are trying to find the IFSC Code ESMF0001592 of Esaf Small Finance Bank Limited for its New Delhi Mayur Vihar branch located in New Delhi Mayur Vihar, 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 Mayur Vihar and East 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 Mayur Vihar or New Delhi Mayur Vihar to get the exact IFSC Code ESMF0001592.
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 Mayur Vihar that will provide accurate information.
How to Use IFSC Code ESMF0001592 for Online Transfers?
If you have the IFSC Code ESMF0001592 for the New Delhi Mayur Vihar branch of Esaf Small Finance Bank Limited in New Delhi Mayur Vihar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ESMF0001592. 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 ESMF0001592.
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 New Delhi Mayur Vihar in New Delhi Mayur Vihar, it may 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 Mayur Vihar, 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 Mayur Vihar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the New Delhi Mayur Vihar New Delhi Mayur Vihar branch is ESMF0001592.
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 C 18, Sashi Garden, Mayur Vihar,Phase 1,New Delhi 110091.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.