Suryoday Small Finance Bank Limited

RBI has allotted the Indian Financial System Code in short denoted as IFSC codes to all the bank branches in India. IFSC codes are unique 11-digit codes with alphanumeric characters. These codes help the users to ensure that the transferred funds go to the right person account, without any errors.

For example, we can take the IFSC code: "SURY0HE0001" - of Suryoday Small Finance Bank Limited branch in Navi Mumbai, Thane, Maharashtra.

• Here, the first four alphabets, SURY, indicate the bank name, i.e., Suryoday Small Finance Bank Limited.
• The fifth digit is 0 (zero) - provided for future use.
• The last six digits HE0001 - denotes a particular branch of Navi Mumbai, Thane, Maharashtra.

This IFSC code can be used for online money transactions via NEFT, RTGS and IMPS to any Suryoday Small Finance Bank Limited account or to other bank accounts. According to RBI guidelines, the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India. This code helps to avoid the risk factor while sending and receiving funds through banks in our country.

Easy way to find Suryoday Small Finance Bank Limited IFSC Code and MICR Code?

The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by Suryoday Small Finance Bank Limited. The website of Reserve Bank of India also offers the entire list of IFSC codes required for the account holder. The customers can also enter into the bank's official website.

Customers by clicking the link will lead to another page where four columns are displayed. Customers must feed some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC codes or MICR codes.

Suryoday Small Finance Bank Limited Branch Details

• Gujarat

• Madhya Pradesh

• Maharashtra

• Odisha

• Puducherry

• Tamil Nadu

ABOUT SURYODAY SMALL FINANCE BANK

• Suryoday Small Finance Bank Limited (Suryoday SFB) was established in 2008. The name of the bank is Suryoday in Sanskrit which means Sunrise, signifies a new dawn, a new beginning and this encompasses its strong commitment to financial inclusion. Initially, this bank was named as Suryoday Micro Finance and now as Suryoday Small Finance Bank. It took just eight years to go from Micro Finance to a Small Finance Bank.


• Today, the bank has over 1.4 million 'smiling customers' that stand testimony to its belief that 'no matter what, dreams, when enabled, will transform mankind and create a whole new world around'. This bank is among the 10 companies and the only one from Maharashtra to obtain a 'Small Finance Bank' licence from the Reserve Bank of India (RBI).


• Suryoday Small Finance Bank Limited is the beginning of a new era in 'Inclusive Banking'. A small step in banking but a big leap for social inclusiveness. It is a new age bank that went live on 23 January 2017. The bank's endeavour is to bring the best banking solutions to the 'banked', 'under-banked' and the 'un-banked' sections of the society. The power paced solutions of the bank are designed to offer the choicest of benefits to suit different financial needs. Its focus will continue to be on ensuring the best in class 'Customer Experience'.


• The bank will continue to offer its existing credit products suite on MFI loans, Vikas Loans, Shopkeeper Loans etc. to new and current customers. It offers digital banking as the key account differentiator to customers using the extensive seeking of Aadhar biometric identification system, NPCI's payment systems and mobile technologies whilst continuing to explore banking through traditional channels. It focuses on the unserved and the underserved through innovative banking practices and continues to expand reach in states where it currently doesn't have a presence.


• In 2013, the government of India passed Section 135, mandating companies with a certain turnover to spend 2% of their average profit for the past three years on corporate social responsibility (CSR). Driving the passage of the law was the intent to have the country's businesses actively participate in the social development of the country.


• Seven years have passed since the law came into effect and CSR has emerged as an active participant in shaping India's development history: while India surges forward economically on one hand, it also confronts developmental challenges that affect the length and breadth of the country. For a country of 1.3 billion, out of which approximately 22% live below the poverty line, urgency marks the need.


• Suryoday Small Finance Bank has been at the helm of financial inclusion since 2008. As a microfinance institution in its earlier avatar, it was able to create an outreach of over 7 lakh micro borrowers. As a responsible lender, it has always deemed financial literacy important. The bank's Corporate Social Responsibility (CSR) initiatives are focused on financial literacy initiatives. Over a period of time the programs have been strengthened to keep pace with central government initiatives such as Jan Dhan, Aadhaar and Mobile (JAM) framework and digital financial literacy drives.

ADDRESS:
Suryoday Small Finance Bank Limited,
Corporate Office,
1101, Sharda Terraces, Plot 65 Sector 11,
CBD Belapur, Navi Mumbai, Thane, Maharashtra.
For further details contact:Toll free no: 1800 266 7711.
Email:smile@suryodaybank.com