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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Esaf Small Finance Bank Limited for its Vidisha branch in Vidisha, Vidisha, Madhya Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Esaf Small Finance Bank Limited located in Vidisha or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code ESMF0001715. 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, Vidisha, Vidisha

The table below shows the main details of the IFSC Code ESMF0001715 for the Esaf Small Finance Bank Limited branch in Vidisha, which falls under the Vidisha district in Madhya Pradesh.

Particulars Details
Bank Esaf Small Finance Bank Limited
IFSC Code ESMF0001715
Branch Vidisha
City Vidisha
District Vidisha
State Madhya Pradesh
Address No.-1913-02, Katare Bhawan, Near Sanket Mochan Mandir, Sagar Road, Banti Nagar, Vidisha P O , Vidisha, Madhya Pradesh - 464001

These details help users in online banking and for businesses and individuals who use Esaf Small Finance Bank Limited in Vidisha for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001715 for the Vidisha branch of Esaf Small Finance Bank Limited has a very 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 Vidisha, Vidisha, Madhya Pradesh, are given a unique IFSC like ESMF0001715 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Vidisha.
  • 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 Vidisha and Vidisha.
  • 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 Vidisha goes to the correct branch. This is important because Esaf Small Finance Bank Limited has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code ESMF0001715

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 Vidisha in Vidisha.

For example, the IFSC Code ESMF0001715 of Esaf Small Finance Bank Limited for the Vidisha branch includes these elements, identifying the bank and the branch location in Vidisha and Madhya Pradesh correctly.

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

If you are trying to find the IFSC Code ESMF0001715 of Esaf Small Finance Bank Limited for its Vidisha branch located in Vidisha, 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 Vidisha and Vidisha, 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 Vidisha or Vidisha to get the exact IFSC Code ESMF0001715.

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 Vidisha that will provide accurate information.

How to Use IFSC Code ESMF0001715 for Online Transfers?

If you have the IFSC Code ESMF0001715 for the Vidisha branch of Esaf Small Finance Bank Limited in Vidisha, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ESMF0001715. Transfers are processed in batches. 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. Asks for the recipient's account details and Esaf Small Finance Bank Limited IFSC Code ESMF0001715.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Esaf Small Finance Bank Limited Vidisha in Vidisha, it 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 Vidisha, 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 Vidisha to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

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

The IFSC Code is ESMF0001715.

Is the IFSC Code ESMF0001715 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 Vidisha?

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 Vidisha branch?

The address of the branch is No.-1913-02, Katare Bhawan, Near Sanket Mochan Mandir, Sagar Road, Banti Nagar, Vidisha P O , Vidisha, Madhya Pradesh - 464001 located in Vidisha, Vidisha, Madhya Pradesh.

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.