Suryoday Small Finance Bank Limited , Madhya Pradesh IFSC Code

District or City wise: Suryoday Small Finance Bank Limited IFSC code, MICR code in Madhya Pradesh

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Branch Name IFSC MICR Address City & State
NEW PALASIA SURY0000019 GROUND FLOOR, LOT NUMBER 4, CHEME NUMBER 117, EW PALASIA,56 DUKAN, NDORE INDORE - MADHYA PRADESH

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How to Search for Suryoday Small Finance Bank Limited & MICR Codes?

  • You can find the IFSC and MICR codes for any Suryoday Small Finance Bank Limited branch printed on the cheque books issued by the bank. Each cheque book has the IFSC code of the branch from where it has been issued.
  • You can find the IFSC or MICR CODE for any branch of Suryoday Small Finance Bank Limited via IndiaLends which provides information in a very easy format. All you have to do provide the information such as the bank name, the state and district and the particular branch that you’re looking for. Once you’ve provided that information, the page will immediately display the IFSC and MICR code for the bank that you’ve chosen, along with other relevant information like the address and contact details of the bank.

How do transfer funds using Suryoday Small Finance Bank Limited Limited RTGS & NEFT

Suryoday Small Finance Bank Limited customers can transfer fund using National Electronic Funds Transfer (NEFT), Real Time Gross Settlement System (RTGS) as well as IMPS platforms. You can use either of these facilities to send money across different banks, different accounts, different states and different cities.

Real Time Gross Settlement System (RTGS):

RTGS funds transfer can be used to send amounts of Rs. 1 lakh and above. You can go RTGS transfer through net banking or by walking into any of the branches. You must fill up a Fund Transfer Instruction form which is available at the Suryoday Small Finance Bank Limited. You need to provide the following information.

  • Name of the recipient
  • Account number and type of account of the recipient
  • Bank Name, branch, IFSC code of the recipient
  • Transfer amount
  • Remark to the receiver

RTGS is available for customers to use on weekdays and Saturdays. It will not be available on Sundays and National holidays.

Fees & Charges for RTGS Transaction by Suryoday Small Finance Bank Limited :

Amount Charge(per transaction, excluding taxes)
INR 2 lakh(Minimum Amount)
Sum between INR 2 lakh to INR 5 lakh INR 25
+ Applied Taxes
Sum betwwen INR 5 lakh to INR 10 lakh INR 50
+ Applied Taxes

National Electronic Funds Transfer (NEFT)

NEFT can be used to transfer smaller amounts of money that do not exceed Rs. 99,999. To use this platform, customers can follow the same procedure as stated for RTGS. Fill up the Fund Transfer Instruction form available at the bank. You will need to furnish the information given below.

  • Name of the recipient
  • Account number and type of account of the recipient
  • Bank name, branch, IFSC code of the recipient
  • Transfer amount
  • Remark to the receiver

Fees & Charges for NEFT Transaction by Suryoday Small Finance Bank Limited :

Transaction Charges NEFT
Cash up to INR 10,000 INR 2,50 + Applied Taxes
Sum between INR 10,000 and INR 1 lakh INR 5 + Applied Taxes
Sum between INR 1 lakh and INR 2 lakh INR 15 + Applied Taxes
Sum between INR 2 lakh and INR 5 lakh INR 25 + Applied Taxes
Sum between INR 5 lakh and INR 10 lakh INR 25 + Applied Taxes

NEFT Transaction timings specified by Suryoday Small Finance Bank Limited:

Transaction Timings NEFT
All days except Sundays, 2nd and 4th Saturdays 8:00 AM to 6:30 PM

About Suryoday Small Finance Bank Limited

The Suryoday Small Bank Limited started as Suryoday Micro Finance and significantly grew in just eight years. It received the in-principle license from Reserve Bank of India in August 2016 to set up and operationalize Suryoday Small Finance Bank. At the same time, it expanded its network of 175 branches with a customer base of 6.4 Lakhs. The new age bank aims to bring the best banking solutions to the ‘banked’, ‘under-banked’ and the ‘un-banked’ sections of the society.

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