IFSC Code of Esaf Small Finance Bank Limited, Paravoor Part, Kollam, Kerala — ESMF0001225

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 Paravoor Part branch in Paravoor, Kollam, 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 Paravoor or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code ESMF0001225. 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, Paravoor Part, Paravoor

Here are some of the key details that come with the IFSC Code ESMF0001225 of Esaf Small Finance Bank Limited for its branch located in Paravoor, within the district of Kollam in the state of Kerala.

These details helps users in online banking and for businesses and individuals who use Esaf Small Finance Bank Limited in Paravoor for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001225 for the Paravoor Part branch of Esaf Small Finance Bank Limited plays a vital 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, including Esaf Small Finance Bank Limited located in Paravoor Part, Paravoor, Kerala, is provided with a unique IFSC like ESMF0001225 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Esaf Small Finance Bank Limited branch in Paravoor.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Paravoor and Kollam.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Kerala and the rest of India and the IFSC Code ensures that transactions meant for Esaf Small Finance Bank Limited in Paravoor Part do not get mixed with another location.

Format of the IFSC Code ESMF0001225

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 Paravoor Part in Paravoor.

For example, the IFSC Code ESMF0001225 of Esaf Small Finance Bank Limited for the Paravoor Part branch has these elements, identifying the bank and the branch location in Paravoor and Kerala correctly.

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

If you are trying to find the IFSC Code ESMF0001225 of Esaf Small Finance Bank Limited for its Paravoor Part branch located in Paravoor, 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 Paravoor and Kollam, 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 Paravoor Part or Paravoor to get the exact IFSC Code ESMF0001225.

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 Paravoor that will provide accurate information.

How to Use IFSC Code ESMF0001225 for Online Transfers?

Once you have the IFSC Code ESMF0001225 for the Paravoor Part branch of Esaf Small Finance Bank Limited in Paravoor, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ESMF0001225. 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 ESMF0001225.

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 Paravoor Part in Paravoor, it can 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 Paravoor Part, 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 Paravoor manage their online transfers and cheque clearances easily.