There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Esaf Small Finance Bank Limited for its Sironcha branch in Sironcha, Gadchiroli, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Esaf Small Finance Bank Limited situated in Sironcha or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code ESMF0001260. You should 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, Sironcha, Sironcha

The table below shows the main details of the IFSC Code ESMF0001260 for the Esaf Small Finance Bank Limited branch in Sironcha, which falls under the Gadchiroli district in Maharashtra.

Particulars Details
Bank Esaf Small Finance Bank Limited
IFSC Code ESMF0001260
Branch Sironcha
City Sironcha
District Gadchiroli
State Maharashtra
Address Door No 908,Survey No 503 2,Near Bus Stand,Sironcha,Gadchiroli,Maharashtra 442504

These details helps users in online banking and for businesses and individuals who use Esaf Small Finance Bank Limited in Sironcha for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001260 for the Sironcha 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 Sironcha, Sironcha, Maharashtra, are allotted a unique IFSC like ESMF0001260 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Sironcha.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Sironcha and Gadchiroli.
  • 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 Sironcha reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code ESMF0001260

The format of the IFSC Code for banks, including Esaf Small Finance Bank Limited, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Esaf Small Finance Bank Limited, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sironcha in Sironcha.

For example, the IFSC Code ESMF0001260 of Esaf Small Finance Bank Limited for the Sironcha branch includes these elements, identifying the bank and the branch location in Sironcha and Maharashtra correctly.

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

To find the IFSC Code ESMF0001260 of Esaf Small Finance Bank Limited for its Sironcha branch located in Sironcha, 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 Sironcha and Gadchiroli, 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 Sironcha or Sironcha to find the exact IFSC Code ESMF0001260.

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 Sironcha will provide accurate information.

How to Use IFSC Code ESMF0001260 for Online Transfers?

Once you have the IFSC Code ESMF0001260 for the Sironcha branch of Esaf Small Finance Bank Limited in Sironcha, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ESMF0001260. 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 ESMF0001260.

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 Sironcha in Sironcha, 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 Sironcha, 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 Sironcha manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

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

The IFSC Code is ESMF0001260.

Is the IFSC Code ESMF0001260 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

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

What is the full address of the Sironcha branch?

The address of the branch is Door No 908,Survey No 503 2,Near Bus Stand,Sironcha,Gadchiroli,Maharashtra 442504 located in Sironcha, Gadchiroli, Maharashtra.

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.