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 Aathur branch in Salem, Salem, Tamil Nadu, 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 Salem or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code SURY0050014. 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, Aathur, Salem
Here are the key points that are associated with the IFSC Code SURY0050014 of Suryoday Small Finance Bank Limited for its branch located in Salem, within the district of Salem in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Suryoday Small Finance Bank Limited |
| IFSC Code | SURY0050014 |
| Branch | Aathur |
| City | Salem |
| District | Salem |
| State | Tamil Nadu |
| Address | O17,Marimuthu Road,Muthu Agar,Ear By Bus Stand ( West),Aathur,Salem,Tamil Adu 636102 |
These details help users in online banking and for businesses and individuals who use Suryoday Small Finance Bank Limited in Salem for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SURY0050014 for the Aathur branch of Suryoday Small Finance Bank Limited has a very 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 Aathur, Salem, Tamil Nadu, are allotted a unique IFSC like SURY0050014 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Salem.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Salem and Salem.
- 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 Aathur reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.
Format of the IFSC Code SURY0050014
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 Aathur in Salem.
For example, the IFSC Code SURY0050014 of Suryoday Small Finance Bank Limited for the Aathur branch includes these elements, identifying the bank and the branch location in Salem and Tamil Nadu accurately.
How to Find IFSC Code for Suryoday Small Finance Bank Limited?
If you are trying to find the IFSC Code SURY0050014 of Suryoday Small Finance Bank Limited for its Aathur branch located in Salem, 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
You can easily find the IFSC and MICR codes because most banks, including Suryoday Small Finance Bank Limited branches in Salem and Salem, print them 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 Aathur or Salem to get the exact IFSC Code SURY0050014.
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 Salem, you'll get the correct details.
How to Use IFSC Code SURY0050014 for Online Transfers?
If you have the IFSC Code SURY0050014 for the Aathur branch of Suryoday Small Finance Bank Limited in Salem, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SURY0050014. Transfers are processed in batches. 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. Asks for the recipient's account details and Suryoday Small Finance Bank Limited IFSC Code SURY0050014.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Suryoday Small Finance Bank Limited Aathur in Salem, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Suryoday Small Finance Bank Limited in Aathur, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Salem manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SURY0050014.
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 O17,Marimuthu Road,Muthu Agar,Ear By Bus Stand ( West),Aathur,Salem,Tamil Adu 636102 located in Salem, Salem, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.