Equitas Small Finance Bank — MANDI

MANDI, HIMACHAL PRADESH

IFSC Code

ESFB0012001

MICR Code

175756102

Branch

MANDI

Bank

Equitas Small Finance Bank

District

MANDI

State

HIMACHAL PRADESH

Contact

Not available

Address

GROUND FLOOR,OPP KIA SHOWROOM ( SANT AUTOCRAFT),MUHUL OTTA,GUTKAR,TEHSIL& VILLAGE BALH,DISTRICT MANDI,HIMACHAL PRADESH - 175021

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Using IFSC ESFB0012001 for money transfers

NEFT transfers to MANDI, one of Equitas Small Finance Bank's branches in MANDI, are batch-processed rather than instant. Most transfers clear within 30 minutes to a couple of hours during banking hours, and NEFT now runs 24x7 on all days including weekends.

RTGS (Real Time Gross Settlement) is built for high-value transfers — ₹2 lakh and above — and settles individually rather than in batches, so money reaches MANDI almost immediately once processed, rather than waiting for the next settlement window.

IMPS is built for urgency: transfers to MANDI clear in seconds rather than minutes or hours, and it works around the clock — useful outside NEFT/RTGS's usual processing windows.

NEFT & RTGS Timing — System Hours vs. Branch Hours

A distinction that matters if you're transferring to MANDI: the RBI settlement system runs 24x7 for NEFT and RTGS, but that doesn't mean this specific branch is open around the clock. Online transfers process any time; in-person or cash-based requests still depend on the branch actually being open.

Method	System Hours	If Visiting MANDI In Person
NEFT	24x7x365, including weekends and holidays (RBI mandate since 16 Dec 2019)	Online/net-banking NEFT processes any time. An in-branch, cash, or cheque-based NEFT request still depends on that branch's working hours.
RTGS	24x7x365, including weekends and holidays (RBI mandate since 14 Dec 2020)	Minimum transfer amount is ₹2 lakh. Same system-vs-branch-hours distinction as NEFT applies for in-person requests.
IMPS	24x7x365 — always has been, no banking-hours restriction at the system level.	Typically capped per transaction depending on your bank's own limits (often around ₹5 lakh).

Here's how to send money to MANDI using net banking or a UPI app:

Log in to your bank's net banking portal or mobile banking app.
Add a new beneficiary/payee, entering the recipient's full name and account number.
Enter the IFSC code ESFB0012001 when prompted — this routes the transfer to MANDI specifically.
Most banks require a short cooling-off period (often a few hours) after adding a new beneficiary before the first transfer.
Once the beneficiary is active, choose NEFT, RTGS, or IMPS based on the amount and how quickly you need it to arrive.
Enter the amount, review the details (name, account number, IFSC), and confirm with your OTP/PIN.

Frequently asked questions

What is the IFSC code of the Equitas Small Finance Bank MANDI branch?

The IFSC code for Equitas Small Finance Bank's MANDI branch in MANDI, HIMACHAL PRADESH is ESFB0012001. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.

What is the MICR code of this branch?

The MICR code for this branch is 175756102. MICR codes are used for cheque clearing, while the IFSC code (ESFB0012001) is what's needed for electronic transfers like NEFT and RTGS.

Where is the MANDI branch of Equitas Small Finance Bank located?

This branch is located at: GROUND FLOOR,OPP KIA SHOWROOM ( SANT AUTOCRAFT),MUHUL OTTA,GUTKAR,TEHSIL& VILLAGE BALH,DISTRICT MANDI,HIMACHAL PRADESH - 175021. It falls under MANDI district, HIMACHAL PRADESH.

Can I use this IFSC code for both NEFT and RTGS transfers?

Yes — the same IFSC code (ESFB0012001) is used for NEFT, RTGS, and IMPS transfers to this branch. Which one you should pick depends on the amount and urgency, not the code itself: RTGS for ₹2 lakh+ needing near-instant settlement, NEFT for regular batch-processed transfers, and IMPS for smaller amounts that need to land in seconds.

Is there a phone number for this branch?

A direct contact number isn't listed for this branch in our records. Your best options are Equitas Small Finance Bank's national customer care line or the nearest branch locator on the bank's official website.

Equitas Small Finance Bank in other districts of HIMACHAL PRADESH

UNA (1)

IFSC and MICR code data sourced from bank-published branch records. While we take care to keep this current, always confirm the IFSC code with your bank before making a large transfer — see our disclaimer for details.