Esaf Small Finance Bank Bhilai
Bhilai · Bhilai, Durg, Chhattisgarh
491760001 is the MICR code for the Bhilai branch of Esaf Small Finance Bank, located in Bhilai, Durg, Chhattisgarh. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code ESMF0001245.
Bank
Esaf Small Finance Bank
Branch & Address
Bhilai
Ground Floor, Shanti Palza, Near Maa Ambey Hospital, Power House, G E Road, Bhilai, Durg, Chhattisgarh 490011
Bhilai, Durg, Bhilai, Chhattisgarh
Contact
+917593869398MICR Code Structure
491
City
760
Bank
001
Branch
City code 491 identifies the RBI clearing centre, bank code 760 identifies Esaf Small Finance Bank, and branch code 001 identifies this specific branch.
Online Payment Methods Supported
Other Esaf Small Finance Bank branches near Bhilai, Durg
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (ESMF0001245) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 491760001 is in the middle, and your account number is on the right.