There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Suryoday Small Finance Bank Limited for its Khalari branch in Angul, Angul, Odisha, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Suryoday Small Finance Bank Limited situated in Angul or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code SURY0000058. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Suryoday Small Finance Bank Limited, Khalari, Angul
Below in the table are the key details related to IFSC Code SURY0000058 of Suryoday Small Finance Bank Limited for its branch located in Angul, within the district of Angul in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Suryoday Small Finance Bank Limited |
| IFSC Code | SURY0000058 |
| Branch | Khalari |
| City | Angul |
| District | Angul |
| State | Odisha |
| Address | Suryoday Small Finance Bank Limited,Cheliapada,P.O.- Khalari,Dist.- Angul,Pin - 759132 |
These details help users in online banking and for businesses and individuals who use Suryoday Small Finance Bank Limited in Angul for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SURY0000058 for the Khalari branch of Suryoday Small Finance Bank Limited has a very important role.
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 Suryoday Small Finance Bank Limited located in Khalari, Angul, Odisha, is provided a unique IFSC like SURY0000058 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Suryoday Small Finance Bank Limited branch in Angul.
- 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 Angul and Angul.
- 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 Odisha and the rest of India, the IFSC Code ensures that transactions meant for Suryoday Small Finance Bank Limited in Khalari do not get misguided to another person.
Format of the IFSC Code SURY0000058
This is the format of the IFSC Code for banks, including Suryoday Small Finance Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Suryoday Small Finance Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Khalari in Angul.
For example, the IFSC Code SURY0000058 of Suryoday Small Finance Bank Limited for the Khalari branch includes these elements, identifying the bank and the branch location in Angul and Odisha accurately.
How to Find IFSC Code for Suryoday Small Finance Bank Limited?
If you are trying to find the IFSC Code SURY0000058 of Suryoday Small Finance Bank Limited for its Khalari branch located in Angul, the following methods can help:
Cheque Book
The cheque books that are issued by Suryoday Small Finance Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Suryoday Small Finance Bank Limited branches in Angul and Angul, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Suryoday Small Finance Bank Limited and find the branch locator section. Search for Khalari or Angul to get the exact IFSC Code SURY0000058.
Mobile Banking App
If you use Suryoday Small Finance Bank Limited's mobile app, you can easily 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 to help you in searching for Suryoday Small Finance Bank Limited and Angul that will provide accurate information.
How to Use IFSC Code SURY0000058 for Online Transfers?
Once you have the IFSC Code SURY0000058 for the Khalari branch of Suryoday Small Finance Bank Limited in Angul, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SURY0000058. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Suryoday Small Finance Bank Limited IFSC Code SURY0000058.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Suryoday Small Finance Bank Limited Khalari in Angul, your payment can get delayed or might not go through at all.
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 Suryoday Small Finance Bank Limited in Khalari, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Suryoday Small Finance Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Angul to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Khalari Angul branch is SURY0000058.
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 Suryoday Small Finance Bank Limited,Cheliapada,P.O.- Khalari,Dist.- Angul,Pin - 759132.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.