Below are the complete branch details for Esaf Small Finance Bank Limited, BEGAMGANJ branch, located in BEGAMGANJ, MADHYA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is ESMF0001429. 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 ESMF0001429 for Esaf Small Finance Bank Limited – BEGAMGANJ — 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, ESMF0001429 is the IFSC of Esaf Small Finance Bank Limited's BEGAMGANJ branch. The format is fixed: ESMF = bank code, 0 = reserved, 001429 = branch identifier.
About Esaf Small Finance Bank Limited
Esaf Small Finance Bank Limited operates a wide network of branches across India, including the Begamganj branch in Begamganj. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, ESMF0001429.
Branch details at a glance
| Bank Name | Esaf Small Finance Bank Limited |
|---|---|
| Branch | Begamganj |
| IFSC Code | ESMF0001429 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NO W 17,TEACHER COLONY,NEAR TOMAR GUEST HOUSE,BEGAMGANJ,RAISEN,MADHYA PRADESH,464881 |
| City | Begamganj |
| District | Raisen |
| State | Madhya Pradesh |
| STD Code | 7487 |
| Phone | 9288013359 |
About the Begamganj branch
The Begamganj branch of Esaf Small Finance Bank Limited is situated at NO W 17,TEACHER COLONY,NEAR TOMAR GUEST HOUSE,BEGAMGANJ,RAISEN,MADHYA PRADESH,464881. 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 ESMF0001429 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 Esaf Small Finance Bank Limited's BEGAMGANJ branch came to be assigned the code ESMF0001429.
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 ESMF0001429, money simply cannot be routed to the BEGAMGANJ branch electronically.
Products and account variants supported
Every account opened at the Begamganj branch is mapped to IFSC ESMF0001429 on the RBI payments network. The branch generally supports the full retail product catalogue of Esaf 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 ESMF0001429.
Products and services
Customers walking into the Begamganj branch can access most of Esaf Small Finance Bank Limited's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC ESMF0001429
How to transfer money using IFSC ESMF0001429
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 ESMF0001429 across all three.
How to use IFSC ESMF0001429 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Esaf Small Finance Bank Limited's BEGAMGANJ 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 ESMF0001429.
- Confirm the bank name auto-populates as Esaf Small Finance Bank Limited and the branch as BEGAMGANJ.
- 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 BEGAMGANJ
If you need to transfer ₹2 lakh or more in one go to an account at Esaf Small Finance Bank Limited's BEGAMGANJ branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC ESMF0001429 while initiating the transfer and the credit will appear within minutes.
IMPS to Esaf Small Finance Bank Limited BEGAMGANJ (IFSC ESMF0001429)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC ESMF0001429 in your mobile or internet banking app, and the money is credited to the BEGAMGANJ branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC ESMF0001429 for Esaf Small Finance Bank Limited – BEGAMGANJ, 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 – ESMF0001429 | Yes – ESMF0001429 | Yes – ESMF0001429 |
For most retail customers crediting the Begamganj 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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Esaf Small Finance Bank Limited's BEGAMGANJ branch, the IFSC ESMF0001429 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Online banking and IFSC ESMF0001429
Esaf Small Finance Bank Limited customers can register for net banking and the bank's official mobile app once their account at the BEGAMGANJ 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 ESMF0001429 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.
MICR & cheque-truncation details
Cheques drawn on the Begamganj branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC ESMF0001429 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC ESMF0001429
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 Esaf Small Finance Bank Limited – BEGAMGANJ, 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:
ESMF0001429. - 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 Begamganj branch
The branch is located at NO W 17,TEACHER COLONY,NEAR TOMAR GUEST HOUSE,BEGAMGANJ,RAISEN,MADHYA PRADESH,464881, which puts it inside Begamganj, the broader Raisen district, and the state of Madhya Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Esaf Small Finance Bank Limited Begamganj branch” — the verified location pin for IFSC ESMF0001429 should appear at the top of the results.
- Confirm the branch is open by calling 7487-9288013359 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 ESMF0001429 and your account number.
Verifying IFSC ESMF0001429 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 ESMF0001429 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 7487-9288013359.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Begamganj 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 ESMF0001429 continue to work without interruption.
Branch address & contact
Esaf Small Finance Bank LimitedBegamganj Branch
NO W 17,TEACHER COLONY,NEAR TOMAR GUEST HOUSE,BEGAMGANJ,RAISEN,MADHYA PRADESH,464881
Begamganj, Madhya Pradesh
Phone: 7487-9288013359
IFSC: ESMF0001429
Frequently asked questions
How quickly will an NEFT transfer using ESMF0001429 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Esaf Small Finance Bank Limited – Begamganj reflect within 30 minutes.
How do I add Esaf Small Finance Bank Limited Begamganj as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC ESMF0001429, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Esaf Small Finance Bank Limited Begamganj branch?
You can reach the branch at 7487-9288013359 during regular banking hours.
Does Esaf Small Finance Bank Limited Begamganj branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 7487-9288013359 to confirm.
Is IFSC ESMF0001429 the same for all accounts at Begamganj branch?
Yes. The IFSC ESMF0001429 is shared by every account held at Esaf Small Finance Bank Limited's Begamganj branch. Only the account number changes from customer to customer.
Is IFSC ESMF0001429 valid for NEFT and RTGS?
Yes. IFSC ESMF0001429 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC ESMF0001429 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC ESMF0001429 to send funds instantly.
Where is Esaf Small Finance Bank Limited Begamganj branch located?
Esaf Small Finance Bank Limited's Begamganj branch is located at NO W 17,TEACHER COLONY,NEAR TOMAR GUEST HOUSE,BEGAMGANJ,RAISEN,MADHYA PRADESH,464881, Begamganj, Madhya Pradesh.
Summary
The IFSC code ESMF0001429 belongs to Esaf Small Finance Bank Limited's BEGAMGANJ branch, located at NO W 17,TEACHER COLONY,NEAR TOMAR GUEST HOUSE,BEGAMGANJ,RAISEN,MADHYA… in BEGAMGANJ, MADHYA PRADESH. 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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