How to Activate Net Banking in ESAF: Step-by-Step Guide

Key Takeaways
 

• You can activate ESAF Net Banking online or at the branch using your account details.
   
• Activation requires Customer ID, debit card info, and mobile number.
   
• Once activated, you can access your account and use banking services anytime.

Activating net banking in ESAF can be done easily either online through the official website or offline by visiting the nearest branch. The process requires simple details such as your Customer ID, debit card information, and registered mobile number. 

For example, Mr. Rajesh recently opened a savings account with ESAF Bank and activated his net banking by signing up online and entering his account details. He then verified the OTP and created his User ID and password, completing the process within minutes.

This blog explains the step-by-step process for activating ESAF Net Banking, along with solutions to common issues.

Step-by-Step Guide to Activate ESAF Bank Net Banking (Online & Offline)

ESAF Bank Net Banking gives customers a safe and convenient way to access their accounts, transfer funds, and manage services anytime without visiting a branch. You can activate ESAF Net Banking either online or offline.

Online Activation of ESAF Bank Net Banking

You can activate your ESAF Bank net banking online quickly and securely by following a few simple steps.
 

• Step 1: Visit the ESAF Bank official website.
   
• Step 2: In the login section, select “Personal”.
   
• Step 3: Click on “New User Sign Up. " After this step terms and conditions page appears, and you need to accept them to proceed further.
   
• Step 4: Enter your Customer ID provided when the account was opened.
   
• Step 5: Fill in the required details: Debit Card Number, Expiry Date (MM/YY), Date of Birth (DD/MM/YYYY), and Captcha. After this step, you need to proceed and enter your ATM pin on the next page and proceed, and then on the next page, you need to enter OTP. 
   
• Step 6: Enter the OTP sent to your registered mobile number.
   
• Step 7: Choose your User ID and Login Password, following the password policy.
   
• Step 8: Confirm the password. Once matched, you can log in using your new credentials and start using ESAF Net Banking.

After completing these steps, your ESAF Bank Net Banking account will be fully activated, allowing you to manage your account online securely and conveniently.

Offline Activation of ESAF Bank Net Banking

You can also activate your ESAF Bank Net Banking offline by visiting the branch and completing a simple registration process.
 

• Step 1: Visit your nearest ESAF Bank branch.
   
• Step 2: Collect the Internet Banking Registration Form.
   
• Step 3: Fill in all required details along with account information.
   
• Step 4: Submit the form with supporting documents if requested.
   
• Step 5: Once processed, the bank will enable your login credentials.
   
• Step 6: Use the provided credentials to log in and activate ESAF Net Banking.

By following these simple steps, customers can quickly activate ESAF Bank Net Banking either online or offline. Once activated, ESAF Net Banking ensures secure, round-the-clock access to essential banking services with complete convenience.

Bonus Tip: Always keep your registered mobile number and email updated with ESAF Bank. 

How to log in for the First Time?

If you are logging into ESAF Bank Corporate Net Banking for the first time, you need to follow these steps to access your account securely:

1. Visit the official ESAF Bank official website.
    
2. On the top right corner, click on the “Login” button and then select the “Corporate” option.
    
3. You will be redirected to a new page. Enter your Group ID, Login ID, and CAPTCHA, then click on the “Login” button.

After completing these steps, you will be able to access your corporate net banking account and start managing your business finances online.

Common Issues During Activation & Solutions

While activating ESAF Net Banking, customers may face certain challenges. Here are some of the most common issues and their solutions:

• Forgotten User ID
  If you forget your ESAF Net Banking User ID, visit ESAF Bank.
   
  • Click on Login and choose Personal or Corporate as applicable.
  • On the login page, select ‘Forgot User ID?’ and follow the instructions to retrieve it.
     
• Forgotten Password
  If you forget your ESAF Net Banking password:
   
  • Go to the Login page, enter your User ID, and click Continue to Login.
  • Select ‘Forgot Password?’ and follow the steps to reset your password securely.
     
• Password Change Errors
  Sometimes, while setting or changing a password, the system may show an error. This usually happens if the password does not meet ESAF SFB’s password policy. Click on the ‘Link to password policy’ to ensure your new password follows the rules.
   
• Locked User ID
  ESAF Net Banking allows a maximum of three login attempts. If all fail, your User ID will be locked. In such cases, you must reset the password or contact customer support to unlock access.
   
• Fund Transfer Errors
  If a fund transfer fails and your account is debited without the beneficiary receiving credit, ESAF Net Banking will automatically reverse the amount. If the issue persists, contact customer care with transaction details.

Most issues faced during ESAF Net Banking activation can be solved quickly by using the self-service options on the bank’s website. If problems continue, customers should contact the ESAF SFB helpline or visit the nearest branch for assistance.

ESAF Net Banking Services: You can use

ESAF Net Banking is designed to provide customers with a secure, convenient, and self-service platform for all their banking needs. 

With a wide range of services covering transactions, enquiries, service requests, and value-added features, ESAF Net Banking ensures that customers can manage their finances with ease anytime, anywhere.

Financial Services

Through ESAF Net Banking, you can:

• Transfer funds between your own accounts, third-party accounts within ESAF SFB, and other banks using IMPS, NEFT, and RTGS.
   
• Add or delete beneficiaries for fund transfers.
   
• Generate or cancel MMID for sending and receiving funds.
   
• Open new Fixed Deposits or Recurring Deposits in real time.
   
• Avail financial products such as savings accounts, current accounts, and loans.
   
• Set up standing instructions for automatic transfers at defined intervals.
   
• Access investment-related products like insurance, mutual funds, and pensions.

Enquiry Services

With ESAF Net Banking, customers can:

• View all accounts together, including balances and activity details.
   
• Access mini statements, historical account statements, and TDS details.
   
• Track transactions by category such as IMPS, NEFT, and RTGS.
   
• Check details of existing term deposits, including interest and TDS.
   
• View loan account information, repayment statements, and cheque status.
   
• Stop cheque payments or enquire about other investment relationships with ESAF Bank.

Service Requests

Customers may also place service requests using ESAF Net Banking, such as:

• Registration or deregistration for mobile banking, SMS/missed call banking, and email account statements.
   
• Changing cash deposit, withdrawal, or fund transfer limits.
   
• Emergency requests like card hotlisting, cheque stop payment, or ATM PIN generation.
   
• Requesting a new debit card, cheque book, or physical account statement.
   
• Updating customer details such as communication address, Aadhaar or PAN seeding.
   
• Managing net banking credentials, including user ID and password.

Value-Added Services

ESAF Net Banking also provides extra convenience with:

• Linking multiple accounts under one User ID for easy tracking.
   
• Setting favourite transactions for quicker access.
   
• Customising alerts for balance updates, deposits, and fund transfers.
   
• Direct access to ESAF SFB customer care through online service requests and mailbox services.

Conclusion 

Activating ESAF Net Banking is very simple. You can do it online from your home or by visiting the bank. You need your Customer ID, debit card details, and registered mobile number. After activation, you can check your account balance anytime. 

You can also transfer money to other accounts easily. ESAF Net Banking lets you pay bills, view statements, and use many other services without going to the branch. It is safe, fast, and convenient for managing all your banking needs.

FAQs

1. Can I activate ESAF Bank Net Banking immediately after opening an account?
Yes, you can activate it online or offline right after account opening.

2. Is an OTP required for online activation?
Yes, a One-Time Password (OTP) sent to your registered mobile number is mandatory for verification.

3. Can I choose my own User ID and password during activation?
Yes, during registration you can create a User ID and login password following the bank’s password policy.

4. Can I activate Net Banking without visiting the branch?
Yes, online activation allows you to complete the process from home using your account and debit card details.

5. What documents are needed for offline activation?
For offline activation, you need to submit the Internet Banking Registration Form along with account details and supporting identification documents at the branch.

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LoansJagat Team

‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.