Esaf Small Finance Bank — PALA

KOTTAYAM, KERALA

IFSC Code

ESMF0001105

MICR Code

686760302

Branch

PALA

Bank

Esaf Small Finance Bank

District

PALA

State

KERALA

Contact

+918589007880

Address

THE MELHOR BUILDING,GOUND FLOOR, ROOM NO 372, A1, NEAR RTO OFFICE ,CHETHIMATTOM, PALA, KOTTAYAM PIN 686575

Get Directions to This Branch

Using IFSC ESMF0001105 for money transfers

NEFT transfers to PALA, one of Esaf Small Finance Bank's branches in PALA, 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 PALA almost immediately once processed, rather than waiting for the next settlement window.

IMPS is built for urgency: transfers to PALA 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 PALA: 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.

MethodSystem HoursIf Visiting PALA In Person
NEFT24x7x365, 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.
RTGS24x7x365, 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.
IMPS24x7x365 — 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).

Follow these steps to transfer money into an account held at PALA:

  1. Log in to your bank's net banking portal or mobile banking app.
  2. Add a new beneficiary/payee, entering the recipient's full name and account number.
  3. Enter the IFSC code ESMF0001105 when prompted — this routes the transfer to PALA specifically.
  4. Most banks require a short cooling-off period (often a few hours) after adding a new beneficiary before the first transfer.
  5. Once the beneficiary is active, choose NEFT, RTGS, or IMPS based on the amount and how quickly you need it to arrive.
  6. 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 Esaf Small Finance Bank PALA branch?

The IFSC code for Esaf Small Finance Bank's PALA branch in KOTTAYAM, PALA, KERALA is ESMF0001105. 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 686760302. MICR codes are used for cheque clearing, while the IFSC code (ESMF0001105) is what's needed for electronic transfers like NEFT and RTGS.

Where is the PALA branch of Esaf Small Finance Bank located?

This branch is located at: THE MELHOR BUILDING,GOUND FLOOR, ROOM NO 372, A1, NEAR RTO OFFICE ,CHETHIMATTOM, PALA, KOTTAYAM PIN 686575. It falls under PALA district, KERALA.

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

Yes — the same IFSC code (ESMF0001105) 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?

Yes, this branch's listed contact number is +918589007880.

Esaf Small Finance Bank in other districts of KERALA

THRISSUR (11)PALAKKAD (9)KOTTAYAM (7)MALAPPURAM (6)MANNUTHY (6)ERNAKULAM (5)KANNUR (4)KOZHIKODE (4)

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.