IFSC Code of Equitas Small Finance Bank Limited, Parasia Road-Chindwara Branch, Madhya Pradesh

Below are the complete branch details for Equitas Small Finance Bank Limited, PARASIA ROAD-CHINDWARA branch, located in JABALPUR, MADHYA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is ESFB0014061. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case ESFB0014061 for Equitas Small Finance Bank Limited – PARASIA ROAD-CHINDWARA — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

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, ESFB0014061 is the IFSC of Equitas Small Finance Bank Limited's PARASIA ROAD-CHINDWARA branch. The format is fixed: ESFB = bank code, 0 = reserved, 014061 = branch identifier.

Branch details at a glance

Bank profile

Equitas Small Finance Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The Parasia Road-Chindwara branch — IFSC ESFB0014061 — extends the bank's services to customers in and around Jabalpur, Madhya Pradesh.

About the Parasia Road-Chindwara branch

The Parasia Road-Chindwara branch of Equitas Small Finance Bank Limited is situated at 1ST FLOOR, B N -526,PLOT NO 63 1 ,ABOVE SYNDICATE BANK,NEAR BODARI BRIDGE, PARASIA ROAD, CHINDWARA MP- 480001. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code ESFB0014061 is used.

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 PARASIA ROAD-CHINDWARA branch came to be assigned the code ESFB0014061.

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 ESFB0014061, money simply cannot be routed to the PARASIA ROAD-CHINDWARA branch electronically.

How to transfer money using IFSC ESFB0014061

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 ESFB0014061 across all three.

How to use IFSC ESFB0014061 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Equitas Small Finance Bank Limited's PARASIA ROAD-CHINDWARA branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC ESFB0014061.
4. Confirm the bank name auto-populates as Equitas Small Finance Bank Limited and the branch as PARASIA ROAD-CHINDWARA.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC ESFB0014061

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Equitas Small Finance Bank Limited – PARASIA ROAD-CHINDWARA, ensure your bank's portal accepts IFSC ESFB0014061 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Equitas Small Finance Bank Limited PARASIA ROAD-CHINDWARA (IFSC ESFB0014061)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC ESFB0014061 in your mobile or internet banking app, and the money is credited to the PARASIA ROAD-CHINDWARA branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Parasia Road-Chindwara

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC ESFB0014061:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at PARASIA ROAD-CHINDWARA is still linked to IFSC ESFB0014061.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC ESFB0014061

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 – PARASIA ROAD-CHINDWARA is still mapped to IFSC ESFB0014061. 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 ESFB0014061 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Parasia Road-Chindwara branch is mapped to IFSC ESFB0014061 on the RBI payments network. The branch generally supports the full retail product catalogue of Equitas Small Finance Bank Limited, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains ESFB0014061.

Banking services available

The Parasia Road-Chindwara 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 ESFB0014061

MICR & cheque-truncation details

Cheques drawn on the Parasia Road-Chindwara branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC ESFB0014061 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Online banking and IFSC ESFB0014061

Equitas Small Finance Bank Limited customers can register for net banking and the bank's official mobile app once their account at the PARASIA ROAD-CHINDWARA branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC ESFB0014061 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

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 – PARASIA ROAD-CHINDWARA:

• The IFSC is exactly ESFB0014061 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 PARASIA ROAD-CHINDWARA 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.

How to reach the Parasia Road-Chindwara branch

The branch is located at 1ST FLOOR, B N -526,PLOT NO 63 1 ,ABOVE SYNDICATE BANK,NEAR BODARI BRIDGE, PARASIA ROAD, CHINDWARA MP- 480001, which puts it inside Jabalpur, the broader Jabalpur district, and the state of Madhya Pradesh. To plan your visit:

1. Open Google Maps on your phone and search for “Equitas Small Finance Bank Limited Parasia Road-Chindwara branch” — the verified location pin for IFSC ESFB0014061 should appear at the top of the results.
2. Confirm the branch is open by calling the branch contact number before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC ESFB0014061 and your account number.

Verifying IFSC ESFB0014061 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 ESFB0014061 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.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Parasia Road-Chindwara branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC ESFB0014061, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: ESFB0014061 is the IFSC code of Equitas Small Finance Bank Limited, PARASIA ROAD-CHINDWARA branch, in JABALPUR, MADHYA PRADESH. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.