For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Suryoday Small Finance Bank Limited for its Sivakasi branch in Virudhunagar, Virudhunagar, Tamil Nadu, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Suryoday Small Finance Bank Limited located in Virudhunagar or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code SURY0050027. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Suryoday Small Finance Bank Limited, Sivakasi, Virudhunagar

Below in the table are the key details related to IFSC Code SURY0050027 of Suryoday Small Finance Bank Limited for its branch located in Virudhunagar, within the district of Virudhunagar in the state of Tamil Nadu.

Particulars Details
Bank Suryoday Small Finance Bank Limited
IFSC Code SURY0050027
Branch Sivakasi
City Virudhunagar
District Virudhunagar
State Tamil Nadu
Address No.1351/9,Gnanagri Road,Near Allahabad Bank,Sivakasi,Virudhu Nagar,Tamil Nadu-626189

These details are essential not only for online banking users but also for businesses and individuals who use Suryoday Small Finance Bank Limited in Virudhunagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SURY0050027 for the Sivakasi 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, along with Suryoday Small Finance Bank Limited located in Sivakasi, Virudhunagar, Tamil Nadu, are given a unique IFSC like SURY0050027 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Virudhunagar.
  • 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 Virudhunagar and Virudhunagar.
  • 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 Sivakasi goes to the correct branch. This is important because Suryoday Small Finance Bank Limited has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SURY0050027

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): Show the bank code. For Suryoday Small Finance Bank Limited, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sivakasi in Virudhunagar.

For example, the IFSC Code SURY0050027 of Suryoday Small Finance Bank Limited for the Sivakasi branch includes these elements, identifying the bank and the branch location in Virudhunagar and Tamil Nadu accurately.

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

If you are looking for the IFSC Code SURY0050027 of Suryoday Small Finance Bank Limited for its Sivakasi branch located in Virudhunagar, the following methods can help:

Cheque Book

The cheque book that is issued by Suryoday Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Suryoday Small Finance Bank Limited branches in Virudhunagar and Virudhunagar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Suryoday Small Finance Bank Limited and look for the branch locator section, then search for Sivakasi or Virudhunagar to get the exact IFSC Code SURY0050027.

Mobile Banking App

If you use Suryoday Small Finance Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Suryoday Small Finance Bank Limited and Virudhunagar, then it will provide you proper information.

How to Use IFSC Code SURY0050027 for Online Transfers?

Once you have the IFSC Code SURY0050027 for the Sivakasi branch of Suryoday Small Finance Bank Limited in Virudhunagar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SURY0050027. 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 SURY0050027.

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 Sivakasi in Virudhunagar 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 Sivakasi, 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 Virudhunagar manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Suryoday Small Finance Bank Limited in Sivakasi, Virudhunagar?

The IFSC Code is SURY0050027.

Is the IFSC Code SURY0050027 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 Sivakasi?

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 Sivakasi branch?

The address of the branch is No.1351/9,Gnanagri Road,Near Allahabad Bank,Sivakasi,Virudhu Nagar,Tamil Nadu-626189 located in Virudhunagar, Virudhunagar, Tamil Nadu.

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.