Use this page as a one-stop reference for everything related to Equitas Small Finance Bank Limited's SHINGWE branch in NASHIK, MAHARASHTRA. The branch's IFSC code ESFB0009016 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Equitas Small Finance Bank Limited's SHINGWE branch, the IFSC ESFB0009016 breaks down as follows: ESFB identifies the bank, 0 is the reserved character, and 009016 identifies this particular branch.
Bank profile
Equitas Small Finance Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The Shingwe branch — IFSC ESFB0009016 — extends the bank's services to customers in and around Nashik, Maharashtra.
Branch details at a glance
| Bank Name | Equitas Small Finance Bank Limited |
|---|---|
| Branch | Shingwe |
| IFSC Code | ESFB0009016 |
| MICR Code | Refer to cheque leaf |
| Branch Address | PLOT NO.2, S.NO.144 BY 3B1 AND 2,A.P.SHINGWE,TAL.SHIRPUR, DIST.DHULE PIN 425405 |
| City | Nashik |
| District | Nashik |
| State | Maharashtra |
| STD Code | 44 |
| Phone | 30898015 |
Shingwe branch overview
Located at PLOT NO.2, S.NO.144 BY 3B1 AND 2,A.P.SHINGWE,TAL.SHIRPUR, DIST.DHULE PIN 425405, the Shingwe branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC ESFB0009016 is required for all interbank electronic transfers routed through this branch.
Why every Equitas Small Finance Bank Limited branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including SHINGWE of Equitas Small Finance Bank Limited — its own 11-character IFSC. The code ESFB0009016 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC ESFB0009016 the same way you would treat your account number — verify it once and save it carefully for future use.
Products and account variants supported
Every account opened at the Shingwe branch is mapped to IFSC ESFB0009016 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 ESFB0009016.
Banking services available
The Shingwe branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 44-30898015.
- 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 ESFB0009016
How to transfer money using IFSC ESFB0009016
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 ESFB0009016 across all three.
How to use IFSC ESFB0009016 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 SHINGWE 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).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC ESFB0009016.
- Confirm the bank name auto-populates as Equitas Small Finance Bank Limited and the branch as SHINGWE.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to SHINGWE
If you need to transfer ₹2 lakh or more in one go to an account at Equitas Small Finance Bank Limited's SHINGWE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC ESFB0009016 while initiating the transfer and the credit will appear within minutes.
IMPS to Equitas Small Finance Bank Limited SHINGWE (IFSC ESFB0009016)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC ESFB0009016 in your mobile or internet banking app, and the money is credited to the SHINGWE branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Shingwe
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 ESFB0009016:
- 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 SHINGWE is still linked to IFSC ESFB0009016.
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 ESFB0009016
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 – SHINGWE is still mapped to IFSC ESFB0009016. 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 ESFB0009016 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Shingwe 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 ESFB0009016 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.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Equitas Small Finance Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC ESFB0009016 and the account number together uniquely identify the Shingwe branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC ESFB0009016
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Equitas Small Finance Bank Limited – SHINGWE, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
ESFB0009016. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Shingwe branch
The branch is located at PLOT NO.2, S.NO.144 BY 3B1 AND 2,A.P.SHINGWE,TAL.SHIRPUR, DIST.DHULE PIN 425405, which puts it inside Nashik, the broader Nashik district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Equitas Small Finance Bank Limited Shingwe branch” — the verified location pin for IFSC ESFB0009016 should appear at the top of the results.
- Confirm the branch is open by calling 44-30898015 before stepping out, especially around public holidays.
- 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 ESFB0009016 and your account number.
Verifying IFSC ESFB0009016 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 ESFB0009016 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 44-30898015.
- 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 Shingwe branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC ESFB0009016, however, work 24x7.
Branch address & contact
Equitas Small Finance Bank LimitedShingwe Branch
PLOT NO.2, S.NO.144 BY 3B1 AND 2,A.P.SHINGWE,TAL.SHIRPUR, DIST.DHULE PIN 425405
Nashik, Maharashtra
Phone: 44-30898015
IFSC: ESFB0009016
Frequently asked questions
Is IFSC ESFB0009016 valid for NEFT and RTGS?
Yes. IFSC ESFB0009016 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC ESFB0009016 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC ESFB0009016 to send funds instantly.
How do I add Equitas Small Finance Bank Limited Shingwe as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC ESFB0009016, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Equitas Small Finance Bank Limited Shingwe branch?
You can reach the branch at 44-30898015 during regular banking hours.
Does Equitas Small Finance Bank Limited Shingwe branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 44-30898015 to confirm.
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 Shingwe branch but serve different purposes.
Where is Equitas Small Finance Bank Limited Shingwe branch located?
Equitas Small Finance Bank Limited's Shingwe branch is located at PLOT NO.2, S.NO.144 BY 3B1 AND 2,A.P.SHINGWE,TAL.SHIRPUR, DIST.DHULE PIN 425405, Nashik, Maharashtra.
Is IFSC ESFB0009016 the same for all accounts at Shingwe branch?
Yes. The IFSC ESFB0009016 is shared by every account held at Equitas Small Finance Bank Limited's Shingwe branch. Only the account number changes from customer to customer.
Final notes
To recap: ESFB0009016 is the IFSC code of Equitas Small Finance Bank Limited, SHINGWE branch, in NASHIK, MAHARASHTRA. 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.
