For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Suryoday Small Finance Bank Limited for its Kantuani branch in Boudh, Boudh, Odisha, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Suryoday Small Finance Bank Limited located in Boudh or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SURY0000062. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Suryoday Small Finance Bank Limited, Kantuani, Boudh

Here are the key points that are associated with the IFSC Code SURY0000062 of Suryoday Small Finance Bank Limited for its branch located in Boudh, within the district of Boudh in the state of Odisha.

Particulars Details
Bank Suryoday Small Finance Bank Limited
IFSC Code SURY0000062
Branch Kantuani
City Boudh
District Boudh
State Odisha
Address Ichhapur,Badhigaon,Boudh,Odisha,Pin - 762026

These details are crucial, not just for online banking users but also for businesses and individuals who use Suryoday Small Finance Bank Limited in Boudh for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SURY0000062 for the Kantuani branch of Suryoday Small Finance Bank Limited has an 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 Kantuani, Boudh, Odisha, is provided a unique IFSC like SURY0000062 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 Boudh.
  • 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 Boudh and Boudh.
  • 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 Kantuani do not get misguided to another person.

Format of the IFSC Code SURY0000062

The format of the IFSC Code for banks, including Suryoday Small Finance Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Suryoday Small Finance Bank Limited, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kantuani in Boudh.

For example, the IFSC Code SURY0000062 of Suryoday Small Finance Bank Limited for the Kantuani branch has these elements, identifying the bank and the branch location in Boudh and Odisha correctly.

How to Find IFSC Code for Suryoday Small Finance Bank Limited?

To find the IFSC Code SURY0000062 of Suryoday Small Finance Bank Limited for its Kantuani branch located in Boudh, the following methods can help you out:

Cheque Book

The cheque book issued by Suryoday Small Finance 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 Suryoday Small Finance Bank Limited branches in Boudh and Boudh, 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 go to the branch locator section. Then search for Kantuani or Boudh to find the exact IFSC Code SURY0000062.

Mobile Banking App

If you use Suryoday Small Finance 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 Suryoday Small Finance Bank Limited and Boudh will provide accurate information.

How to Use IFSC Code SURY0000062 for Online Transfers?

Once you have the IFSC Code SURY0000062 for the Kantuani branch of Suryoday Small Finance Bank Limited in Boudh, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SURY0000062. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Suryoday Small Finance Bank Limited IFSC Code SURY0000062.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Suryoday Small Finance Bank Limited Kantuani in Boudh, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Suryoday Small Finance Bank Limited in Kantuani, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Suryoday Small Finance Bank Limited website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Boudh manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Suryoday Small Finance Bank Limited in Kantuani, Boudh?

The IFSC Code is SURY0000062.

Is the IFSC Code SURY0000062 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Suryoday Small Finance Bank Limited Kantuani?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Kantuani branch?

The address of the branch is Ichhapur,Badhigaon,Boudh,Odisha,Pin - 762026 located in Boudh, Boudh, Odisha.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.