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Equitas Small Finance Bank

BEGUN BRANCH

IFSC CODE
ESFB0016069
MICR Code 312756008
Branch Code 016069
City / District CHITTORGRAH
State RAJASTHAN
Office Address 1ST FLOOR, MIRZA MARKET, CHITTORGRAH ROAD, NEAR JAIL, BEGUN-312023, DISTRICT- CHITTORGARH, RAJASTHAN
Phone Not Available
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Understanding IFSC Code: The Digital DNA of Equitas Small Finance Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the BEGUN branch of Equitas Small Finance Bank, the code ESFB0016069 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the ESFB0016069 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"ESFB" represents Equitas Small Finance Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for BEGUN

Payment Systems Supported by ESFB0016069

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—312756008—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Equitas Small Finance Bank in CHITTORGRAH typically follows the RBI holiday calendar. Digital transfers via ESFB0016069 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While ESFB0016069 is the valid code for BEGUN at CHITTORGRAH, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Financial Tools

  • • GST Calculator Online
  • • Personal Loan EMI Calc
  • • FD Interest Rates 2026
  • • Currency Converter

Branch Context

  • • BEGUN Contact
  • • Address of Equitas Small Finance Bank
  • • MICR Code Finder
  • • RAJASTHAN Banking Circle

Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
  • • Webmaster Tools
  • • IFSC Finder v2.0

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