This page lists the IFSC code, branch address, contact number and fund-transfer information for Equitas Small Finance Bank Limited, RED SQUARE MARKET, HISAR branch in HISAR. The 11-digit IFSC ESFB0011024 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Equitas Small Finance Bank Limited at the RED SQUARE MARKET, HISAR location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, ESFB0011024 is the IFSC of Equitas Small Finance Bank Limited's RED SQUARE MARKET, HISAR branch. The format is fixed: ESFB = bank code, 0 = reserved, 011024 = branch identifier.
Branch details at a glance
| Bank Name | Equitas Small Finance Bank Limited |
|---|---|
| Branch | Red Square Market, Hisar |
| IFSC Code | ESFB0011024 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SCO-170,RED SQUARE MARKET,HISAR-125001 |
| City | Hisar |
| District | Hisar |
| State | Haryana |
About the bank
Equitas Small Finance Bank Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Red Square Market, Hisar branch in Hisar, Haryana is part of this network and uses the IFSC code ESFB0011024 for all electronic settlement.
About this branch
The branch is located at SCO-170,RED SQUARE MARKET,HISAR-125001. It serves the Hisar region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Equitas Small Finance Bank Limited. The IFSC ESFB0011024 is used to identify this branch on the RBI payments network.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Equitas Small Finance Bank Limited's RED SQUARE MARKET, HISAR branch came to be assigned the code ESFB0011024.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC ESFB0011024, money simply cannot be routed to the RED SQUARE MARKET, HISAR branch electronically.
How to transfer money using IFSC ESFB0011024
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC ESFB0011024 across all three.
NEFT to Equitas Small Finance Bank Limited, RED SQUARE MARKET, HISAR using IFSC ESFB0011024
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC ESFB0011024, and confirm that the system picks up Equitas Small Finance Bank Limited – RED SQUARE MARKET, HISAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to RED SQUARE MARKET, HISAR
If you need to transfer ₹2 lakh or more in one go to an account at Equitas Small Finance Bank Limited's RED SQUARE MARKET, HISAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC ESFB0011024 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Equitas Small Finance Bank Limited – RED SQUARE MARKET, HISAR, use IMPS. With IFSC ESFB0011024 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC ESFB0011024 for Equitas Small Finance Bank Limited – RED SQUARE MARKET, HISAR, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – ESFB0011024 | Yes – ESFB0011024 | Yes – ESFB0011024 |
For most retail customers crediting the Red Square Market, Hisar branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC ESFB0011024
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Equitas Small Finance Bank Limited – RED SQUARE MARKET, HISAR is still mapped to IFSC ESFB0011024. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC ESFB0011024 and the beneficiary's account number to complete the transfer.
Account types you can open at the Red Square Market, Hisar branch
Once you have an account at Equitas Small Finance Bank Limited – RED SQUARE MARKET, HISAR, the IFSC ESFB0011024 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Banking services available
The Red Square Market, Hisar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on the branch contact number.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC ESFB0011024
MICR & cheque-truncation details
Cheques drawn on the Red Square Market, Hisar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC ESFB0011024 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Red Square Market, Hisar branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC ESFB0011024 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Equitas Small Finance Bank Limited – RED SQUARE MARKET, HISAR:
- The IFSC is exactly ESFB0011024 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Equitas Small Finance Bank Limited as the bank name and RED SQUARE MARKET, HISAR as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Reaching the branch
The Red Square Market, Hisar branch sits at SCO-170,RED SQUARE MARKET,HISAR-125001. If you are travelling from outside Hisar, search for the branch on a maps application using the bank name and locality, or call the branch contact number to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC ESFB0011024 and your account number.
Verifying IFSC ESFB0011024 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm ESFB0011024 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on the branch contact number.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Red Square Market, Hisar are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to ESFB0011024 continue to work without interruption.
Branch address & contact
Equitas Small Finance Bank LimitedRed Square Market, Hisar Branch
SCO-170,RED SQUARE MARKET,HISAR-125001
Hisar, Haryana
Phone: the branch contact number
IFSC: ESFB0011024
Frequently asked questions
Is IFSC ESFB0011024 the same for all accounts at Red Square Market, Hisar branch?
Yes. The IFSC ESFB0011024 is shared by every account held at Equitas Small Finance Bank Limited's Red Square Market, Hisar branch. Only the account number changes from customer to customer.
Can I use IFSC ESFB0011024 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC ESFB0011024 to send funds instantly.
Is IFSC ESFB0011024 valid for NEFT and RTGS?
Yes. IFSC ESFB0011024 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Red Square Market, Hisar branch but serve different purposes.
How quickly will an NEFT transfer using ESFB0011024 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Equitas Small Finance Bank Limited – Red Square Market, Hisar reflect within 30 minutes.
What is the phone number of Equitas Small Finance Bank Limited Red Square Market, Hisar branch?
You can reach the branch at the branch contact number during regular banking hours.
Summary
The IFSC code ESFB0011024 belongs to Equitas Small Finance Bank Limited's RED SQUARE MARKET, HISAR branch, located at SCO-170,RED SQUARE MARKET,HISAR-125001 in HISAR, HARYANA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
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