For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Esaf Small Finance Bank Limited for its Bundi branch in Rajastan, Bundi, Rajasthan, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Esaf Small Finance Bank Limited located in Rajastan or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code ESMF0001786. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Esaf Small Finance Bank Limited, Bundi, Rajastan

The table below shows the main details of the IFSC Code ESMF0001786 for the Esaf Small Finance Bank Limited branch in Rajastan, which falls under the Bundi district in Rajasthan.

Particulars Details
Bank Esaf Small Finance Bank Limited
IFSC Code ESMF0001786
Branch Bundi
City Rajastan
District Bundi
State Rajasthan
Address Devshree Complex,First Floor Of The Building,Opp.Arya Samaj Mandir,Bundi,Bundi P.O.,Bundi Municipality,Bundi District,Rajastan-323001

These details helps users in online banking and for businesses and individuals who use Esaf Small Finance Bank Limited in Rajastan for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001786 for the Bundi 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, along with Esaf Small Finance Bank Limited located in Bundi, Rajastan, Rajasthan, are given a unique IFSC like ESMF0001786 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Rajastan.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Rajastan and Bundi.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Esaf Small Finance Bank Limited in Bundi goes to the correct branch. This is important because Esaf Small Finance Bank Limited has thousands of branches in Rajasthan and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code ESMF0001786

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 Bundi in Rajastan.

For example, the IFSC Code ESMF0001786 of Esaf Small Finance Bank Limited for the Bundi branch includes these elements, identifying the bank and the branch location in Rajastan and Rajasthan accurately.

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

To find the IFSC Code ESMF0001786 of Esaf Small Finance Bank Limited for its Bundi branch located in Rajastan, 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 Rajastan and Bundi, 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 Bundi or Rajastan to find the exact IFSC Code ESMF0001786.

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 Rajastan will provide accurate information.

How to Use IFSC Code ESMF0001786 for Online Transfers?

Once you have the IFSC Code ESMF0001786 for the Bundi branch of Esaf Small Finance Bank Limited in Rajastan, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ESMF0001786. Transfers are processed in batches. This is 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. Requires the recipient's account details and Esaf Small Finance Bank Limited IFSC Code ESMF0001786.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Esaf Small Finance Bank Limited Bundi in Rajastan may 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 Bundi, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Rajastan manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Esaf Small Finance Bank Limited in Bundi, Rajastan?

The IFSC Code is ESMF0001786.

Is the IFSC Code ESMF0001786 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Esaf Small Finance Bank Limited Bundi?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Bundi branch?

The address of the branch is Devshree Complex,First Floor Of The Building,Opp.Arya Samaj Mandir,Bundi,Bundi P.O.,Bundi Municipality,Bundi District,Rajastan-323001 located in Rajastan, Bundi, Rajasthan.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.