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 Kasrawad branch in West Nimar, Khargone, 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 West Nimar or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code ESMF0001767. 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, Kasrawad, West Nimar

Here are the main details that are associated with the IFSC Code ESMF0001767 of Esaf Small Finance Bank Limited for its branch located in West Nimar, within the district of Khargone in the state of Madhya Pradesh.

Particulars Details
Bank Esaf Small Finance Bank Limited
IFSC Code ESMF0001767
Branch Kasrawad
City West Nimar
District Khargone
State Madhya Pradesh
Address Patidar House, Kasrawad Nagar Palika, Mandleshwar Road, Kasrawad P O, West Nimar, Madhyapradesh-451228

These details are essential not only for online banking users but also for businesses and individuals who use Esaf Small Finance Bank Limited in West Nimar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ESMF0001767 for the Kasrawad 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Esaf Small Finance Bank Limited located in Kasrawad, West Nimar, Madhya Pradesh, is provided a unique IFSC like ESMF0001767 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Esaf Small Finance Bank Limited branch in West Nimar.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like West Nimar and Khargone.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Esaf Small Finance Bank Limited in Kasrawad do not get misguided to another person.

Format of the IFSC Code ESMF0001767

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 Kasrawad in West Nimar.

For example, the IFSC Code ESMF0001767 of Esaf Small Finance Bank Limited for the Kasrawad branch includes these elements, identifying the bank and the branch location in West Nimar and Madhya Pradesh accurately.

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

If you are trying to find the IFSC Code ESMF0001767 of Esaf Small Finance Bank Limited for its Kasrawad branch located in West Nimar, the following methods can help:

Cheque Book

The cheque book issued by Esaf Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Esaf Small Finance Bank Limited branches in West Nimar and Khargone, print them on the first page of your passbook.

Bank Website

Visit the official website of Esaf Small Finance Bank Limited and navigate to the branch locator section. Search for Kasrawad or West Nimar to get the exact IFSC Code ESMF0001767.

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 keeps an updated list of all IFSC codes. If you search for Esaf Small Finance Bank Limited and West Nimar, you'll get the correct details.

How to Use IFSC Code ESMF0001767 for Online Transfers?

Once you have the IFSC Code ESMF0001767 for the Kasrawad branch of Esaf Small Finance Bank Limited in West Nimar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ESMF0001767. 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 ESMF0001767.

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 Kasrawad in West Nimar 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 Kasrawad, 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 West Nimar manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Esaf Small Finance Bank Limited Kasrawad West Nimar?

The IFSC Code of the Kasrawad West Nimar branch is ESMF0001767.

Is IFSC Code ESMF0001767 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Esaf Small Finance Bank Limited Kasrawad branch?

The branch is located at Patidar House, Kasrawad Nagar Palika, Mandleshwar Road, Kasrawad P O, West Nimar, Madhyapradesh-451228.

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.