The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Suryoday Small Finance Bank Limited for its Rtgs Ho Ifsc branch in Navi Mumbai, Thane, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Suryoday Small Finance Bank Limited located in Navi Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SURY0000001. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Suryoday Small Finance Bank Limited, Rtgs Ho Ifsc, Navi Mumbai
Here are the key points that are associated with the IFSC Code SURY0000001 of Suryoday Small Finance Bank Limited for its branch located in Navi Mumbai, within the district of Thane in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Suryoday Small Finance Bank Limited |
| IFSC Code | SURY0000001 |
| Branch | Rtgs Ho Ifsc |
| City | Navi Mumbai |
| District | Thane |
| State | Maharashtra |
| Address | Unit Number 302,Sector 11,201 In Pujit Plaza Building,Navi Mumbai |
These details helps users in online banking and for businesses and individuals who use Suryoday Small Finance Bank Limited in Navi Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SURY0000001 for the Rtgs Ho Ifsc branch of Suryoday Small Finance Bank Limited plays a vital 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 Rtgs Ho Ifsc, Navi Mumbai, Maharashtra, is provided a unique IFSC like SURY0000001 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 Navi Mumbai.
- 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 Navi Mumbai and Thane.
- 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Suryoday Small Finance Bank Limited in Rtgs Ho Ifsc do not get misguided to another person.
Format of the IFSC Code SURY0000001
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 Rtgs Ho Ifsc in Navi Mumbai.
For example, the IFSC Code SURY0000001 of Suryoday Small Finance Bank Limited for the Rtgs Ho Ifsc branch includes these elements, identifying the bank and the branch location in Navi Mumbai and Maharashtra accurately.
How to Find IFSC Code for Suryoday Small Finance Bank Limited?
To find the IFSC Code SURY0000001 of Suryoday Small Finance Bank Limited for its Rtgs Ho Ifsc branch located in Navi Mumbai, 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 Navi Mumbai and Thane, 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 Rtgs Ho Ifsc or Navi Mumbai to find the exact IFSC Code SURY0000001.
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 Navi Mumbai will provide accurate information.
How to Use IFSC Code SURY0000001 for Online Transfers?
Once you have the IFSC Code SURY0000001 for the Rtgs Ho Ifsc branch of Suryoday Small Finance Bank Limited in Navi Mumbai, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SURY0000001. 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 SURY0000001.
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 Rtgs Ho Ifsc in Navi Mumbai, your payment can get delayed or might not go through at all.
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 Rtgs Ho Ifsc, 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 Navi Mumbai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Rtgs Ho Ifsc Navi Mumbai branch is SURY0000001.
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 Unit Number 302,Sector 11,201 In Pujit Plaza Building,Navi Mumbai.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.