Esaf Small Finance Bank Limited

IFSC codes are unique 11-digit codes with alphanumeric characters, which was allotted by RBI to all bank branches. These codes help the users to ensure that the transferred funds go to the right person.

For example, we can take the IFSC code: "ESMF0001139" of the Esaf Small Finance Bank Limited branch in Elayamuthur, Triupur, Tamil Nadu. This IFSC code can be used for online money transactions via NEFT, RTGS and IMPS to any Esaf Small Finance Bank Limited account or to other bank accounts.

• Here, the first four alphabets, ESMF, indicate the bank name, i.e., Esaf Small Finance Bank Limited.
• The fifth digit is 0 (zero) - provided for future use.
• The last six digits 001139 - denotes a particular branch of Elayamuthur, Triupur, Tamil Nadu.

According to RBI guidelines, the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India. With help of IFSC codes and MICR codes, the online fund transfers are made easy without any confusion.

Easy way to find Esaf Small Finance Bank Limited IFSC Code and MICR Code?

The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by DBS Bank India Limited. The website of Reserve Bank of India also offers the entire list of IFSC codes required for the account holder. The customers can also enter on the bank's official website. Customers by clicking the link will lead to another page where four columns are displayed. Customers must feed some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC codes or MICR codes for Esaf Small Finance Bank Limited.

Esaf Small Finance Bank Limited Branch Details

• Andhra Pradesh

• Assam

• Bihar

• Chandigarh

• Chhattisgarh

• Delhi

• Gujarat

• Haryana

• Jharkhand

• Karnataka

• Kerala

• Madhya Pradesh

• Maharashtra

• Manipur

• Meghalaya

• Odisha

• Puducherry

• Rajasthan

• Tamil Nadu

• Uttar Pradesh

• West Bengal

ABOUT ESAF SMALL FINANCE BANK

• ESAF started it's journey as an NGO in the year 1992, with a larger vision of sustainable and holistic transformation of the poor and the marginalized. In 1995, Shri. K. Paul Thomas, the founder of ESAF after watching the success of Grameen Bank in Bangladesh reinforced the vision and launched Micro Enterprises Development (MED) services and it resulted in the formation of ESAF Microfinance and Investments Private Limited, in 2008.


• The bank was one of the pioneers in establishing a formal and structured form of lending through forming mutually trusted groups at the village level. ESAF could cultivate a culture of financial discipline and also improved the workers participation rate as women too joined the workforce or started some income generation activity that could financially support their household in remote and unbanked regions.


• Financial literacy mission started by ESAF could not only bring know-how on how to spend wisely but also secure the future. It has adopted a unique social business strategy, with a triple bottom line approach, emphasizing on People, Planet and Prosperity. Some of the highlights are for every rupee invested in ESAF, studies by international agencies revealed that the Social Return on Investment stood at Rs.3.19.


• Equitas Small Finance Bank is a 'New Age Bank' that gives children, youth, families and business people across India a new way to bank. In the time as a micro finance company, it silently went about enabling livelihoods and elevating lives. Today, as a small finance bank, it is also going about changing the very way banking is imagined, delivered and experienced - with TRUST being the key driver.


• Some of the other changes brought by ESAF are women's access to employment, contribution to household income, access to and control over household resources, participation in household financial decision-making etc. ESAF could also gather a carbon offset of 20 million tones in the international market.


• The contributions and significance of ESAF in the development of rural and unreached segments of the nation, the Reserve Bank of India has issued an in-principle license to ESAF Microfinance and Investments Private Limited to set up a new Small Finance Bank during October 2015. After complying with the licensing conditions prescribed by the Reserve Bank of India and in terms of the RBI's final license in November 2016, ESAF Small Finance Bank started the commencement of business on 10 March 2017.


• It is forging ahead with an objective of "Fighting the Partiality of Prosperity" through strengthening the people at the bottom of the pyramid with a customer base of 4.3 million. The business model of the organization combined the unique methodology of selecting and servicing customers at the front end with technology, processes and disciplines of modern retail banking at the back end. It had an excellent growth and consolidation phase in the past few years. As on 31 March 2021, the bank has more than 3300 employees.


• The past two years of existence, the RBI has permitted the bank to start NRE (Rupee) Account Operations in June 2018. It has got approval from RBI for the inclusion in the second schedule of the RBI Act 1934 within two years of its commencement of operations and hence it became a Scheduled Bank with effect from 27 December 2018. As on 31 March 2021, ESAF Small Finance Bank has 550 banking outlets spread across 19 States and 2 Union Territories.


• The bank offers a host of modern banking services like ATMs, Debit Card, Safe Deposit Lockers, Internet banking, Mobile Banking, Agent banking, SMS banking, RTGS, NEFT, CTS etc. The door step delivery services, free video calling facility at branches and Hrudaya Deposit Scheme are some of the exclusive features offered by ESAF Small Finance Bank.


• A unique deposit scheme of ESAF Small Finance Bank, namely Hrudaya deposit scheme, as the name suggests, stands for a social cause, through which, the bank provides the customers an opportunity to be a part in economic development of the bottom of the pyramid. As an organization it strives for financial peace by bridging the gap between the haves and the have-nots.

ADDRESS
ESAF Small Finance Bank,
ESAF Bhavan
Mannuthy P. O.,
Thrissur - 680651.
Kerala, India.
contact: 0487 7123456, 1-800-103-3723.
Email ID: customercare@esafbank.com