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 Titwala branch in Titwala, 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 Titwala or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code SURY0050223. 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, Titwala, Titwala
Here are the key points that are associated with the IFSC Code SURY0050223 of Suryoday Small Finance Bank Limited for its branch located in Titwala, within the district of Thane in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Suryoday Small Finance Bank Limited |
| IFSC Code | SURY0050223 |
| Branch | Titwala |
| City | Titwala |
| District | Thane |
| State | Maharashtra |
| Address | Shop No 1& 2,B Wing,Ravindra Regency,Balyani Road,Manda East,Titwala,Maharashtra 421605 |
These details are essential not only for online banking users but also for businesses and individuals who use Suryoday Small Finance Bank Limited in Titwala for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SURY0050223 for the Titwala 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Suryoday Small Finance Bank Limited located in Titwala, Titwala, Maharashtra, is provided with a unique IFSC like SURY0050223 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 Titwala.
- 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 Titwala and Thane.
- 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Suryoday Small Finance Bank Limited in Titwala do not get mixed with another location.
Format of the IFSC Code SURY0050223
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 Titwala in Titwala.
For example, the IFSC Code SURY0050223 of Suryoday Small Finance Bank Limited for the Titwala branch includes these elements, identifying the bank and the branch location in Titwala and Maharashtra accurately.
How to Find IFSC Code for Suryoday Small Finance Bank Limited?
If you are trying to find the IFSC Code SURY0050223 of Suryoday Small Finance Bank Limited for its Titwala branch located in Titwala, 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 Titwala 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 Titwala or Titwala to get the exact IFSC Code SURY0050223.
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 Titwala that will provide accurate information.
How to Use IFSC Code SURY0050223 for Online Transfers?
Once you have the IFSC Code SURY0050223 for the Titwala branch of Suryoday Small Finance Bank Limited in Titwala, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SURY0050223. Transfers are processed in batches. This is 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. Requires the recipient's account details and Suryoday Small Finance Bank Limited IFSC Code SURY0050223.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Suryoday Small Finance Bank Limited Titwala in Titwala may 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 Titwala, 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 Titwala manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SURY0050223.
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 Shop No 1& 2,B Wing,Ravindra Regency,Balyani Road,Manda East,Titwala,Maharashtra 421605 located in Titwala, Thane, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.