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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Suryoday Small Finance Bank Limited for its Balianta branch in Khurda, Khurda, Odisha, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Suryoday Small Finance Bank Limited located in Khurda or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SURY0000053. 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, Balianta, Khurda
Here are the key points that are associated with the IFSC Code SURY0000053 of Suryoday Small Finance Bank Limited for its branch located in Khurda, within the district of Khurda in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Suryoday Small Finance Bank Limited |
| IFSC Code | SURY0000053 |
| Branch | Balianta |
| City | Khurda |
| District | Khurda |
| State | Odisha |
| Address | Vill/G.P - Andilo,P.S-Balianta,Dist-Khurda |
These details are crucial, not just for online banking users but also for businesses and individuals who use Suryoday Small Finance Bank Limited in Khurda for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SURY0000053 for the Balianta 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, along with Suryoday Small Finance Bank Limited located in Balianta, Khurda, Odisha, are allotted a unique IFSC like SURY0000053 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Khurda.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Khurda and Khurda.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Suryoday Small Finance Bank Limited in Balianta reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code SURY0000053
The format of the IFSC Code for banks, including Suryoday Small Finance Bank Limited, has 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 Balianta in Khurda.
For example, the IFSC Code SURY0000053 of Suryoday Small Finance Bank Limited for the Balianta branch includes these elements, identifying the bank and the branch location in Khurda and Odisha correctly.
How to Find IFSC Code for Suryoday Small Finance Bank Limited?
If you are trying to find the IFSC Code SURY0000053 of Suryoday Small Finance Bank Limited for its Balianta branch located in Khurda, 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 Khurda and Khurda, 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 Balianta or Khurda to get the exact IFSC Code SURY0000053.
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 Khurda, you'll get the correct details.
How to Use IFSC Code SURY0000053 for Online Transfers?
Once you have the IFSC Code SURY0000053 for the Balianta branch of Suryoday Small Finance Bank Limited in Khurda, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SURY0000053. Transfers are processed in batches. This is 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. Requires the recipient's account details and Suryoday Small Finance Bank Limited IFSC Code SURY0000053.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Suryoday Small Finance Bank Limited Balianta in Khurda 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 Suryoday Small Finance Bank Limited in Balianta, 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 Khurda to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SURY0000053.
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 Vill/G.P - Andilo,P.S-Balianta,Dist-Khurda located in Khurda, Khurda, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.