Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Esaf Small Finance Bank Limited for its New Delhi - Kamla Nagar branch in North Delhi, Delhi, or New Delhi, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Esaf Small Finance Bank Limited located in North Delhi or anywhere in New Delhi can transfer funds instantly by using the correct IFSC Code ESMF0001688. You should definitely 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 - Kamla Nagar, North Delhi
Here are some of the key details that come with the IFSC Code ESMF0001688 of Esaf Small Finance Bank Limited for its branch located in North Delhi, within the district of Delhi in the state of New Delhi.
| Particulars | Details |
|---|---|
| Bank | Esaf Small Finance Bank Limited |
| IFSC Code | ESMF0001688 |
| Branch | New Delhi - Kamla Nagar |
| City | North Delhi |
| District | Delhi |
| State | New Delhi |
| Address | No 114 D Ground Floor Kamla Nehru Marg Keshavapuram Zone Near Bille Di Hatt |
These details help users in online banking and for businesses and individuals who use Esaf Small Finance Bank Limited in North Delhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001688 for the New Delhi - Kamla Nagar branch of Esaf Small Finance Bank Limited has a very 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 - Kamla Nagar, North Delhi, New Delhi, are allotted a unique IFSC like ESMF0001688 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in North Delhi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like North Delhi 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 - Kamla Nagar reaches the right place, even though there are thousands of branches in New Delhi and across India.
Format of the IFSC Code ESMF0001688
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 - Kamla Nagar in North Delhi.
For example, the IFSC Code ESMF0001688 of Esaf Small Finance Bank Limited for the New Delhi - Kamla Nagar branch includes these elements, identifying the bank and the branch location in North Delhi and New Delhi accurately.
How to Find IFSC Code for Esaf Small Finance Bank Limited?
To find the IFSC Code ESMF0001688 of Esaf Small Finance Bank Limited for its New Delhi - Kamla Nagar branch located in North Delhi, 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 North Delhi 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 go to the branch locator section. Then search for New Delhi - Kamla Nagar or North Delhi to find the exact IFSC Code ESMF0001688.
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 North Delhi will provide accurate information.
How to Use IFSC Code ESMF0001688 for Online Transfers?
If you have the IFSC Code ESMF0001688 for the New Delhi - Kamla Nagar branch of Esaf Small Finance Bank Limited in North Delhi, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ESMF0001688. 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 ESMF0001688.
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 - Kamla Nagar in North Delhi, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Esaf Small Finance Bank Limited in New Delhi - Kamla Nagar, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in North Delhi manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is ESMF0001688.
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 No 114 D Ground Floor Kamla Nehru Marg Keshavapuram Zone Near Bille Di Hatt located in North Delhi, Delhi, New Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.