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 Sembanarkoil branch in Nagapattinam, Nagapattinam, or Tamil Nadu, 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 Nagapattinam or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code SURY0050012. 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, Sembanarkoil, Nagapattinam
Here are the key points that are associated with the IFSC Code SURY0050012 of Suryoday Small Finance Bank Limited for its branch located in Nagapattinam, within the district of Nagapattinam in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Suryoday Small Finance Bank Limited |
| IFSC Code | SURY0050012 |
| Branch | Sembanarkoil |
| City | Nagapattinam |
| District | Nagapattinam |
| State | Tamil Nadu |
| Address | 91C-6,7,8,Siva Commercial Building Mela Mukuttu,Parasalur,Sembanarkoil,Nagapattinam,Tamil Nadu-609309 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Suryoday Small Finance Bank Limited in Nagapattinam for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SURY0050012 for the Sembanarkoil 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 Sembanarkoil, Nagapattinam, Tamil Nadu, is provided with a unique IFSC like SURY0050012 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 Nagapattinam.
- 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 Nagapattinam and Nagapattinam.
- 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 Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Suryoday Small Finance Bank Limited in Sembanarkoil do not get mixed with another location.
Format of the IFSC Code SURY0050012
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 Sembanarkoil in Nagapattinam.
For example, the IFSC Code SURY0050012 of Suryoday Small Finance Bank Limited for the Sembanarkoil branch includes these elements, identifying the bank and the branch location in Nagapattinam and Tamil Nadu accurately.
How to Find IFSC Code for Suryoday Small Finance Bank Limited?
If you are looking for the IFSC Code SURY0050012 of Suryoday Small Finance Bank Limited for its Sembanarkoil branch located in Nagapattinam, the following methods can help:
Cheque Book
The cheque book that is issued by Suryoday Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Suryoday Small Finance Bank Limited branches in Nagapattinam and Nagapattinam, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Suryoday Small Finance Bank Limited and look for the branch locator section, then search for Sembanarkoil or Nagapattinam to get the exact IFSC Code SURY0050012.
Mobile Banking App
If you use Suryoday Small Finance Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Suryoday Small Finance Bank Limited and Nagapattinam, then it will provide you proper information.
How to Use IFSC Code SURY0050012 for Online Transfers?
Once you have the IFSC Code SURY0050012 for the Sembanarkoil branch of Suryoday Small Finance Bank Limited in Nagapattinam, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SURY0050012. 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 SURY0050012.
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 Sembanarkoil in Nagapattinam, it can 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 Sembanarkoil, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Nagapattinam manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SURY0050012.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 91C-6,7,8,Siva Commercial Building Mela Mukuttu,Parasalur,Sembanarkoil,Nagapattinam,Tamil Nadu-609309 located in Nagapattinam, Nagapattinam, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.