IFSC Code of Esaf Small Finance Bank Limited, Chennai-Purasawalkam, Chennai, Tamil Nadu — ESMF0001223

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 Chennai-Purasawalkam branch in Purasaiwalkam, Chennai, Tamil Nadu, 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 Purasaiwalkam or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code ESMF0001223. 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, Chennai-Purasawalkam, Purasaiwalkam

Here are some of the key details that come with the IFSC Code ESMF0001223 of Esaf Small Finance Bank Limited for its branch located in Purasaiwalkam, within the district of Chennai in the state of Tamil Nadu.

These details are essential not only for online banking users but also for businesses and individuals who use Esaf Small Finance Bank Limited in Purasaiwalkam for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001223 for the Chennai-Purasawalkam 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 that is provided by the Reserve Bank of India. A unique IFSC like ESMF0001223 is given to every bank branch, including Esaf Small Finance Bank Limited located in Chennai-Purasawalkam, Purasaiwalkam, Tamil Nadu, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Esaf Small Finance Bank Limited branch in Purasaiwalkam.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Purasaiwalkam and Chennai.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Esaf Small Finance Bank Limited in Chennai-Purasawalkam doesn't end up at another location.

Format of the IFSC Code ESMF0001223

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 Chennai-Purasawalkam in Purasaiwalkam.

For example, the IFSC Code ESMF0001223 of Esaf Small Finance Bank Limited for the Chennai-Purasawalkam branch includes these elements, identifying the bank and the branch location in Purasaiwalkam and Tamil Nadu accurately.

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

If you are trying to find the IFSC Code ESMF0001223 of Esaf Small Finance Bank Limited for its Chennai-Purasawalkam branch located in Purasaiwalkam, 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 Purasaiwalkam and Chennai, 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 Chennai-Purasawalkam or Purasaiwalkam to get the exact IFSC Code ESMF0001223.

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 Purasaiwalkam that will provide accurate information.

How to Use IFSC Code ESMF0001223 for Online Transfers?

Once you have the IFSC Code ESMF0001223 for the Chennai-Purasawalkam branch of Esaf Small Finance Bank Limited in Purasaiwalkam, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ESMF0001223. 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 ESMF0001223.

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 Chennai-Purasawalkam in Purasaiwalkam, it can 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 Chennai-Purasawalkam, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Purasaiwalkam to handle online money transfers and get their cheques cleared smoothly.