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 Treasury Department branch in Navi Mumbai, Thane, Maharashtra, 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 Navi Mumbai or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code SURY0TR0002. 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, Treasury Department, Navi Mumbai

Here are some of the key details that come with the IFSC Code SURY0TR0002 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 SURY0TR0002
Branch Treasury Department
City Navi Mumbai
District Thane
State Maharashtra
Address 1101 Sharda Terraces,Plot 65 Sector 11,Cbd Belapur,Navi Mumbai

These details are crucial, not just for online banking users but also for businesses and individuals who use Suryoday Small Finance Bank Limited in Navi Mumbai for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SURY0TR0002 for the Treasury Department 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 Treasury Department, Navi Mumbai, Maharashtra, are given a unique IFSC like SURY0TR0002 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Navi Mumbai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Navi Mumbai and Thane.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Suryoday Small Finance Bank Limited in Treasury Department goes to the correct branch. This is important because Suryoday Small Finance Bank Limited has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SURY0TR0002

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): These represent the bank code. In Suryoday Small Finance Bank Limited, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Treasury Department in Navi Mumbai.

For example, the IFSC Code SURY0TR0002 of Suryoday Small Finance Bank Limited for the Treasury Department branch has these elements, identifying the bank and the branch location in Navi Mumbai and Maharashtra correctly.

How to Find IFSC Code for Suryoday Small Finance Bank Limited?

If you are trying to find the IFSC Code SURY0TR0002 of Suryoday Small Finance Bank Limited for its Treasury Department branch located in Navi Mumbai, the following methods can help:

Cheque Book

The cheque books that are issued by Suryoday Small Finance Bank Limited include the IFSC Code which is printed on each cheque and 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 find the branch locator section. Search for Treasury Department or Navi Mumbai to get the exact IFSC Code SURY0TR0002.

Mobile Banking App

If you use Suryoday Small Finance Bank Limited's mobile app, you can easily 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 to help you in searching for Suryoday Small Finance Bank Limited and Navi Mumbai that will provide accurate information.

How to Use IFSC Code SURY0TR0002 for Online Transfers?

Once you have the IFSC Code SURY0TR0002 for the Treasury Department branch of Suryoday Small Finance Bank Limited in Navi Mumbai, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SURY0TR0002. 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 SURY0TR0002.

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 Treasury Department in Navi Mumbai, 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 Treasury Department, 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)

What is the IFSC Code of Suryoday Small Finance Bank Limited in Treasury Department, Navi Mumbai?

The IFSC Code is SURY0TR0002.

Is the IFSC Code SURY0TR0002 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Suryoday Small Finance Bank Limited Treasury Department?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Treasury Department branch?

The address of the branch is 1101 Sharda Terraces,Plot 65 Sector 11,Cbd Belapur,Navi Mumbai located in Navi Mumbai, Thane, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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