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 Sanakhajuria branch in Ganjam, Ganjam, 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 Ganjam or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code SURY0000059. 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, Sanakhajuria, Ganjam
Below in the table are the key details related to IFSC Code SURY0000059 of Suryoday Small Finance Bank Limited for its branch located in Ganjam, within the district of Ganjam in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Suryoday Small Finance Bank Limited |
| IFSC Code | SURY0000059 |
| Branch | Sanakhajuria |
| City | Ganjam |
| District | Ganjam |
| State | Odisha |
| Address | Suryoday Small Finance Bank Ltd,Plot No - 84/1080/3823At - Sanakhajuria,Po - Fulta,Ps - Gosaninuagan,Ganjam,760003 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Suryoday Small Finance Bank Limited in Ganjam for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SURY0000059 for the Sanakhajuria 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Suryoday Small Finance Bank Limited located in Sanakhajuria, Ganjam, Odisha, is provided with a unique IFSC like SURY0000059 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Suryoday Small Finance Bank Limited branch in Ganjam.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Ganjam and Ganjam.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Odisha and the rest of India and the IFSC Code ensures that transactions meant for Suryoday Small Finance Bank Limited in Sanakhajuria do not get mixed with another location.
Format of the IFSC Code SURY0000059
The format of the IFSC Code for banks, including Suryoday Small Finance Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Suryoday Small Finance Bank Limited, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sanakhajuria in Ganjam.
For example, the IFSC Code SURY0000059 of Suryoday Small Finance Bank Limited for the Sanakhajuria branch includes these elements, identifying the bank and the branch location in Ganjam and Odisha accurately.
How to Find IFSC Code for Suryoday Small Finance Bank Limited?
If you are trying to find the IFSC Code SURY0000059 of Suryoday Small Finance Bank Limited for its Sanakhajuria branch located in Ganjam, the following methods can help:
Cheque Book
The cheque book issued by Suryoday Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Suryoday Small Finance Bank Limited branches in Ganjam and Ganjam, print them on the first page of your passbook.
Bank Website
Visit the official website of Suryoday Small Finance Bank Limited and navigate to the branch locator section. Search for Sanakhajuria or Ganjam to get the exact IFSC Code SURY0000059.
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 keeps an updated list of all IFSC codes. If you search for Suryoday Small Finance Bank Limited and Ganjam, you'll get the correct details.
How to Use IFSC Code SURY0000059 for Online Transfers?
Once you have the IFSC Code SURY0000059 for the Sanakhajuria branch of Suryoday Small Finance Bank Limited in Ganjam, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SURY0000059. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Suryoday Small Finance Bank Limited IFSC Code SURY0000059.
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 Sanakhajuria in Ganjam, your payment can get delayed or might not go through at all.
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 Sanakhajuria, 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 Ganjam manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SURY0000059.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Suryoday Small Finance Bank Ltd,Plot No - 84/1080/3823At - Sanakhajuria,Po - Fulta,Ps - Gosaninuagan,Ganjam,760003 located in Ganjam, Ganjam, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.