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 Sangram Nagar branch in Solapur, Solapur, Maharashtra, 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 Solapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SURY0000051. 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, Sangram Nagar, Solapur
Here are the key points that are associated with the IFSC Code SURY0000051 of Suryoday Small Finance Bank Limited for its branch located in Solapur, within the district of Solapur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Suryoday Small Finance Bank Limited |
| IFSC Code | SURY0000051 |
| Branch | Sangram Nagar |
| City | Solapur |
| District | Solapur |
| State | Maharashtra |
| Address | Shop No-02,Jayshree Sankool,Renuka Colony,Ratnapuri 6,Plot No-15,Sangram Nagar,Akluj,Tal.Malshiras,Dist-Solapur |
These details are essential not only for online banking users but also for businesses and individuals who use Suryoday Small Finance Bank Limited in Solapur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SURY0000051 for the Sangram Nagar branch of Suryoday Small Finance Bank Limited plays an important 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 Sangram Nagar, Solapur, Maharashtra, is provided a unique IFSC like SURY0000051 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 Solapur.
- 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 Solapur and Solapur.
- 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 Sangram Nagar do not get misguided to another person.
Format of the IFSC Code SURY0000051
This is the format of the IFSC Code for banks, including Suryoday Small Finance Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Suryoday Small Finance Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Sangram Nagar in Solapur.
For example, the IFSC Code SURY0000051 of Suryoday Small Finance Bank Limited for the Sangram Nagar branch includes these elements, identifying the bank and the branch location in Solapur and Maharashtra accurately.
How to Find IFSC Code for Suryoday Small Finance Bank Limited?
If you are trying to find the IFSC Code SURY0000051 of Suryoday Small Finance Bank Limited for its Sangram Nagar branch located in Solapur, 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 Solapur and Solapur, 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 Sangram Nagar or Solapur to get the exact IFSC Code SURY0000051.
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 Solapur, you'll get the correct details.
How to Use IFSC Code SURY0000051 for Online Transfers?
Once you have the IFSC Code SURY0000051 for the Sangram Nagar branch of Suryoday Small Finance Bank Limited in Solapur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SURY0000051. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 SURY0000051.
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 Sangram Nagar in Solapur, 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 Sangram Nagar, 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 Solapur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SURY0000051.
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 Shop No-02,Jayshree Sankool,Renuka Colony,Ratnapuri 6,Plot No-15,Sangram Nagar,Akluj,Tal.Malshiras,Dist-Solapur located in Solapur, Solapur, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.