Use this page as a one-stop reference for everything related to Esaf Small Finance Bank Limited's MAHE branch in MAHE, PUDUCHERRY. The branch's IFSC code ESMF0001568 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.
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, ESMF0001568 is the IFSC of Esaf Small Finance Bank Limited's MAHE branch. The format is fixed: ESMF = bank code, 0 = reserved, 001568 = branch identifier.
Branch details at a glance
| Bank Name | Esaf Small Finance Bank Limited |
|---|---|
| Branch | Mahe |
| IFSC Code | ESMF0001568 |
| MICR Code | Refer to cheque leaf |
| Branch Address | CHENOTH KAMALA ARCADE,NEAR SUPERINTENDENT OF POLICE OFFICE,CEMETERY ROAD,MAHE,PUDUCHERY |
| City | Mahe |
| District | Mahe |
| State | Puducherry |
| STD Code | 490 |
| Phone | 8589901239 |
About Esaf Small Finance Bank Limited
Esaf Small Finance Bank Limited operates a wide network of branches across India, including the Mahe branch in Mahe. 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, ESMF0001568.
Mahe branch overview
Located at CHENOTH KAMALA ARCADE,NEAR SUPERINTENDENT OF POLICE OFFICE,CEMETERY ROAD,MAHE,PUDUCHERY, the Mahe branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC ESMF0001568 is required for all interbank electronic transfers routed through this branch.
Why every Esaf 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 MAHE of Esaf Small Finance Bank Limited — its own 11-character IFSC. The code ESMF0001568 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 ESMF0001568 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC ESMF0001568
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 ESMF0001568 across all three.
NEFT to Esaf Small Finance Bank Limited, MAHE using IFSC ESMF0001568
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 ESMF0001568, and confirm that the system picks up Esaf Small Finance Bank Limited – MAHE. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC ESMF0001568
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 Esaf Small Finance Bank Limited – MAHE, ensure your bank's portal accepts IFSC ESMF0001568 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Esaf Small Finance Bank Limited MAHE (IFSC ESMF0001568)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC ESMF0001568 in your mobile or internet banking app, and the money is credited to the MAHE branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Mahe
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 ESMF0001568:
- 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 MAHE is still linked to IFSC ESMF0001568.
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 ESMF0001568
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 Esaf Small Finance Bank Limited – MAHE is still mapped to IFSC ESMF0001568. 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 ESMF0001568 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Mahe branch is mapped to IFSC ESMF0001568 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 ESMF0001568.
Products and services
Customers walking into the Mahe 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 ESMF0001568
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Esaf 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 ESMF0001568 and the account number together uniquely identify the Mahe branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC ESMF0001568
Esaf Small Finance Bank Limited customers can register for net banking and the bank's official mobile app once their account at the MAHE 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 ESMF0001568 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 Esaf Small Finance Bank Limited – MAHE:
- The IFSC is exactly ESMF0001568 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Esaf Small Finance Bank Limited as the bank name and MAHE 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 Mahe branch
The branch is located at CHENOTH KAMALA ARCADE,NEAR SUPERINTENDENT OF POLICE OFFICE,CEMETERY ROAD,MAHE,PUDUCHERY, which puts it inside Mahe, the broader Mahe district, and the state of Puducherry. To plan your visit:
- Open Google Maps on your phone and search for “Esaf Small Finance Bank Limited Mahe branch” — the verified location pin for IFSC ESMF0001568 should appear at the top of the results.
- Confirm the branch is open by calling 490-8589901239 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 ESMF0001568 and your account number.
Verifying IFSC ESMF0001568 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 ESMF0001568 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 490-8589901239.
- 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 Mahe branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC ESMF0001568, however, work 24x7.
Branch address & contact
Esaf Small Finance Bank LimitedMahe Branch
CHENOTH KAMALA ARCADE,NEAR SUPERINTENDENT OF POLICE OFFICE,CEMETERY ROAD,MAHE,PUDUCHERY
Mahe, Puducherry
Phone: 490-8589901239
IFSC: ESMF0001568
Frequently asked questions
Is IFSC ESMF0001568 the same for all accounts at Mahe branch?
Yes. The IFSC ESMF0001568 is shared by every account held at Esaf Small Finance Bank Limited's Mahe branch. Only the account number changes from customer to customer.
Where is Esaf Small Finance Bank Limited Mahe branch located?
Esaf Small Finance Bank Limited's Mahe branch is located at CHENOTH KAMALA ARCADE,NEAR SUPERINTENDENT OF POLICE OFFICE,CEMETERY ROAD,MAHE,PUDUCHERY, Mahe, Puducherry.
Can I use IFSC ESMF0001568 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC ESMF0001568 to send funds instantly.
What is the IFSC code of Esaf Small Finance Bank Limited Mahe branch?
The IFSC code of Esaf Small Finance Bank Limited, Mahe branch is ESMF0001568. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using ESMF0001568 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Esaf Small Finance Bank Limited – Mahe reflect within 30 minutes.
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 Mahe branch but serve different purposes.
How do I add Esaf Small Finance Bank Limited Mahe as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC ESMF0001568, and complete OTP verification. Once activated, you can transfer funds at any time.
Does Esaf Small Finance Bank Limited Mahe branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 490-8589901239 to confirm.
Summary
The IFSC code ESMF0001568 belongs to Esaf Small Finance Bank Limited's MAHE branch, located at CHENOTH KAMALA ARCADE,NEAR SUPERINTENDENT OF POLICE OFFICE,CEMETERY… in MAHE, PUDUCHERRY. 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.
