Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Surat National Cooperative Bank Limited for its Satyam Building branch in Surat, Surat, or Surat, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Surat National Cooperative Bank Limited located in Surat or anywhere in Surat can transfer funds instantly by using the correct IFSC Code SUNB0000014. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Surat National Cooperative Bank Limited, Satyam Building, Surat
Below in the table are the key details related to IFSC Code SUNB0000014 of Surat National Cooperative Bank Limited for its branch located in Surat, within the district of Surat in the state of Surat.
| Particulars | Details |
|---|---|
| Bank | Surat National Cooperative Bank Limited |
| IFSC Code | SUNB0000014 |
| Branch | Satyam Building |
| City | Surat |
| District | Surat |
| State | Surat |
| Address | F10 To 14 Satyam Building, Siddhi Vinayak Residency Sachin Char Rasta Sachin |
These details are important not only for users using online banking but also for businesses and individuals who use Surat National Cooperative Bank Limited in Surat for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SUNB0000014 for the Satyam Building branch of Surat National Cooperative Bank Limited is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Surat National Cooperative Bank Limited located in Satyam Building, Surat, Surat, is provided a unique IFSC like SUNB0000014 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Surat National Cooperative Bank Limited branch in Surat.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Surat and Surat.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Surat and the rest of India, the IFSC Code ensures that transactions meant for Surat National Cooperative Bank Limited in Satyam Building do not get misguided to another person.
Format of the IFSC Code SUNB0000014
The format of the IFSC Code for banks, including Surat National Cooperative Bank Limited, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Surat National Cooperative Bank Limited, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Satyam Building in Surat.
For example, the IFSC Code SUNB0000014 of Surat National Cooperative Bank Limited for the Satyam Building branch includes these elements, identifying the bank and the branch location in Surat and Surat correctly.
How to Find IFSC Code for Surat National Cooperative Bank Limited?
To find the IFSC Code SUNB0000014 of Surat National Cooperative Bank Limited for its Satyam Building branch located in Surat, the following methods can help you out:
Cheque Book
The cheque book issued by Surat National Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Surat National Cooperative Bank Limited branches in Surat and Surat, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Surat National Cooperative Bank Limited and go to the branch locator section. Then search for Satyam Building or Surat to find the exact IFSC Code SUNB0000014.
Mobile Banking App
If you use Surat National Cooperative Bank Limited's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Surat National Cooperative Bank Limited and Surat will provide accurate information.
How to Use IFSC Code SUNB0000014 for Online Transfers?
If you have the IFSC Code SUNB0000014 for the Satyam Building branch of Surat National Cooperative Bank Limited in Surat, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SUNB0000014. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and Surat National Cooperative Bank Limited IFSC Code SUNB0000014.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Surat National Cooperative Bank Limited Satyam Building in Surat, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Surat National Cooperative Bank Limited in Satyam Building, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Surat National Cooperative Bank Limited website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Surat manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Satyam Building Surat branch is SUNB0000014.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at F10 To 14 Satyam Building, Siddhi Vinayak Residency Sachin Char Rasta Sachin.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.