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Suryoday Small Finance Bank

TITWALA BRANCH

IFSC CODE
SURY0050223
MICR Code 400757007
Branch Code 050223
City / District TITWALA
State MAHARASHTRA
Office Address SHOP NO 1& 2,B WING,RAVINDRA REGENCY,BALYANI ROAD,MANDA EAST,TITWALA,MAHARASHTRA 421605
Phone Not Available
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Understanding IFSC Code: The Digital DNA of Suryoday Small Finance Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the TITWALA branch of Suryoday Small Finance Bank, the code SURY0050223 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the SURY0050223 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"SURY" represents Suryoday Small Finance Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for TITWALA

Payment Systems Supported by SURY0050223

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—400757007—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Suryoday Small Finance Bank in TITWALA typically follows the RBI holiday calendar. Digital transfers via SURY0050223 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While SURY0050223 is the valid code for TITWALA at TITWALA, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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Branch Context

  • • TITWALA Contact
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Platform Links

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  • • IFSC Finder v2.0

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