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 Suryoday Small Finance Bank Limited for its Kandari branch in Jalgaon, Jalgaon, or Maharashtra, 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 Suryoday Small Finance Bank Limited located in Jalgaon or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SURY0000042. 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 Suryoday Small Finance Bank Limited, Kandari, Jalgaon
Below in the table are the key details related to IFSC Code SURY0000042 of Suryoday Small Finance Bank Limited for its branch located in Jalgaon, within the district of Jalgaon in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Suryoday Small Finance Bank Limited |
| IFSC Code | SURY0000042 |
| Branch | Kandari |
| City | Jalgaon |
| District | Jalgaon |
| State | Maharashtra |
| Address | Plot No 588,Mahajan Wada,Kandari,Tal.Bhusawal Dist.Jalgaon |
These details are crucial, not just for online banking users but also for businesses and individuals who use Suryoday Small Finance Bank Limited in Jalgaon for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SURY0000042 for the Kandari 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 that is provided by the Reserve Bank of India. A unique IFSC like SURY0000042 is given to every bank branch, including Suryoday Small Finance Bank Limited located in Kandari, Jalgaon, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Suryoday Small Finance Bank Limited branch in Jalgaon.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Jalgaon and Jalgaon.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Suryoday Small Finance Bank Limited in Kandari doesn't end up at another location.
Format of the IFSC Code SURY0000042
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): Show the bank code. For Suryoday Small Finance 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 Kandari in Jalgaon.
For example, the IFSC Code SURY0000042 of Suryoday Small Finance Bank Limited for the Kandari branch includes these elements, identifying the bank and the branch location in Jalgaon and Maharashtra accurately.
How to Find IFSC Code for Suryoday Small Finance Bank Limited?
If you are trying to find the IFSC Code SURY0000042 of Suryoday Small Finance Bank Limited for its Kandari branch located in Jalgaon, 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
Most banks, including Suryoday Small Finance Bank Limited branches in Jalgaon and Jalgaon, print the IFSC and MICR codes 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 Kandari or Jalgaon to get the exact IFSC Code SURY0000042.
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 Jalgaon, you'll get the correct details.
How to Use IFSC Code SURY0000042 for Online Transfers?
Once you have the IFSC Code SURY0000042 for the Kandari branch of Suryoday Small Finance Bank Limited in Jalgaon, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SURY0000042. 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 SURY0000042.
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 Kandari in Jalgaon, 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 Kandari, 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 Jalgaon manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kandari Jalgaon branch is SURY0000042.
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 Plot No 588,Mahajan Wada,Kandari,Tal.Bhusawal Dist.Jalgaon.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.