IFSC Code of Esaf Small Finance Bank Limited, Puthuppariyaram Olavakode Branch, Kerala

Use this page as a one-stop reference for everything related to Esaf Small Finance Bank Limited's PUTHUPPARIYARAM OLAVAKODE branch in OLAVAKKODE, KERALA. The branch's IFSC code ESMF0001508 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.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for Esaf Small Finance Bank Limited – PUTHUPPARIYARAM OLAVAKODE is ESMF0001508. The first four letters ESMF are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001508 map to this branch in OLAVAKKODE, KERALA.

Branch details at a glance

Bank profile

Esaf Small Finance Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The Puthuppariyaram Olavakode branch — IFSC ESMF0001508 — extends the bank's services to customers in and around Olavakkode, Kerala.

About the Puthuppariyaram Olavakode branch

The Puthuppariyaram Olavakode branch of Esaf Small Finance Bank Limited is situated at A R COMPLEX,1ST FLOOR,OLAVAKODE,PUTHUPPARIYARAM VILLAGE,PALAKKAD,678002. 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 ESMF0001508 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 PUTHUPPARIYARAM OLAVAKODE branch came to be assigned the code ESMF0001508.

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 ESMF0001508, money simply cannot be routed to the PUTHUPPARIYARAM OLAVAKODE branch electronically.

How to transfer money using IFSC ESMF0001508

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 ESMF0001508 across all three.

How to use IFSC ESMF0001508 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 PUTHUPPARIYARAM OLAVAKODE 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 ESMF0001508.
4. Confirm the bank name auto-populates as Esaf Small Finance Bank Limited and the branch as PUTHUPPARIYARAM OLAVAKODE.
5. 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 PUTHUPPARIYARAM OLAVAKODE

If you need to transfer ₹2 lakh or more in one go to an account at Esaf Small Finance Bank Limited's PUTHUPPARIYARAM OLAVAKODE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC ESMF0001508 while initiating the transfer and the credit will appear within minutes.

IMPS to Esaf Small Finance Bank Limited PUTHUPPARIYARAM OLAVAKODE (IFSC ESMF0001508)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC ESMF0001508 in your mobile or internet banking app, and the money is credited to the PUTHUPPARIYARAM OLAVAKODE branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC ESMF0001508 for Esaf Small Finance Bank Limited – PUTHUPPARIYARAM OLAVAKODE, 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.

For most retail customers crediting the Puthuppariyaram Olavakode 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 ESMF0001508

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 – PUTHUPPARIYARAM OLAVAKODE is still mapped to IFSC ESMF0001508. 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 ESMF0001508 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Puthuppariyaram Olavakode branch is mapped to IFSC ESMF0001508 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 ESMF0001508.

Products and services

Customers walking into the Puthuppariyaram Olavakode 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 ESMF0001508

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 ESMF0001508 and the account number together uniquely identify the Puthuppariyaram Olavakode branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Digital banking channels

Most day-to-day work that customers used to do at the Puthuppariyaram Olavakode 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 ESMF0001508 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.

Common mistakes to avoid when using IFSC ESMF0001508

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 – PUTHUPPARIYARAM OLAVAKODE, 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: ESMF0001508.
• 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 Puthuppariyaram Olavakode branch

The branch is located at A R COMPLEX,1ST FLOOR,OLAVAKODE,PUTHUPPARIYARAM VILLAGE,PALAKKAD,678002, which puts it inside Olavakkode, the broader Palakkad district, and the state of Kerala. To plan your visit:

1. Open Google Maps on your phone and search for “Esaf Small Finance Bank Limited Puthuppariyaram Olavakode branch” — the verified location pin for IFSC ESMF0001508 should appear at the top of the results.
2. Confirm the branch is open by calling 491-8589975544 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 ESMF0001508 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC ESMF0001508 for Esaf Small Finance Bank Limited – PUTHUPPARIYARAM OLAVAKODE, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

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 Puthuppariyaram Olavakode branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC ESMF0001508, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code ESMF0001508 belongs to Esaf Small Finance Bank Limited's PUTHUPPARIYARAM OLAVAKODE branch, located at A R COMPLEX,1ST FLOOR,OLAVAKODE,PUTHUPPARIYARAM VILLAGE,PALAKKAD,678002 in OLAVAKKODE, KERALA. 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.