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 Rajgarh branch in Rajgarh, Rajgarh, or Madhya Pradesh, 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 Rajgarh or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code ESMF0001725. 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, Rajgarh, Rajgarh
Here are the main details that are associated with the IFSC Code ESMF0001725 of Esaf Small Finance Bank Limited for its branch located in Rajgarh, within the district of Rajgarh in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Esaf Small Finance Bank Limited |
| IFSC Code | ESMF0001725 |
| Branch | Rajgarh |
| City | Rajgarh |
| District | Rajgarh |
| State | Madhya Pradesh |
| Address | No- 2/245 1/2 Adf, Falodi Colony, Near M P Rural Road Development Authority,Rajgarh P O, Rajgarh Dist, Madhya Pradesh-465661 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Esaf Small Finance Bank Limited in Rajgarh for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001725 for the Rajgarh branch of Esaf Small Finance Bank Limited has an 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 Rajgarh, Rajgarh, Madhya Pradesh, are allotted a unique IFSC like ESMF0001725 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Rajgarh.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Rajgarh and Rajgarh.
- 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 Rajgarh reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code ESMF0001725
The format of the IFSC Code for banks, including Esaf Small Finance Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Esaf Small Finance Bank Limited, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Rajgarh in Rajgarh.
For example, the IFSC Code ESMF0001725 of Esaf Small Finance Bank Limited for the Rajgarh branch includes these elements, identifying the bank and the branch location in Rajgarh and Madhya Pradesh accurately.
How to Find IFSC Code for Esaf Small Finance Bank Limited?
If you are looking for the IFSC Code ESMF0001725 of Esaf Small Finance Bank Limited for its Rajgarh branch located in Rajgarh, the following methods can help:
Cheque Book
The cheque book that is issued by Esaf Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Esaf Small Finance Bank Limited branches in Rajgarh and Rajgarh, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Esaf Small Finance Bank Limited and look for the branch locator section, then search for Rajgarh or Rajgarh to get the exact IFSC Code ESMF0001725.
Mobile Banking App
If you use Esaf Small Finance Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Esaf Small Finance Bank Limited and Rajgarh, then it will provide you proper information.
How to Use IFSC Code ESMF0001725 for Online Transfers?
Once you have the IFSC Code ESMF0001725 for the Rajgarh branch of Esaf Small Finance Bank Limited in Rajgarh, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ESMF0001725. 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 ESMF0001725.
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 Rajgarh in Rajgarh 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 Rajgarh, 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 Rajgarh manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is ESMF0001725.
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- 2/245 1/2 Adf, Falodi Colony, Near M P Rural Road Development Authority,Rajgarh P O, Rajgarh Dist, Madhya Pradesh-465661 located in Rajgarh, Rajgarh, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.