What is the official website of the payment service?
https://www.suryodaybank.com
https://www.suryodaybank.com
The customer support contact details are available on the “Contact Us” page of the official website.
1800 120 0844
Suryoday Small Finance Bank provides a toll-free number: 1800 120 0844 for customer service.
The bank typically provides separate emails for business, careers, and grievance redressal; details are available on their website.
Online chat support is commonly found on the official website, usually as a chat widget on the homepage or support page.
Most banks offer chat support during regular business hours, while some may extend 24/7 availability for critical queries.
Messenger support, if available, is usually stated on the official website or app; many banks provide WhatsApp but specific details should be confirmed.
Customer support typically operates from 9:00 a.m. to 6:00 p.m. on working days; availability may differ across channels.
Many banks offer limited support on weekends and holidays, mainly for urgent matters; routine inquiries are handled on business days.
Suryoday Small Finance Bank has branches across multiple regions of India for in-person banking services.
Branches are located across India; specific addresses are listed on the “Branch Locator” section of the bank’s website.
Personal meetings can commonly be scheduled by contacting the branch or relationship manager for appointments.
Suryoday Small Finance Bank primarily operates in India and does not typically maintain international representative offices.
Support is usually available in English, Hindi, and major regional Indian languages.
Response times vary by channel, but phone support is generally immediate, while email and web queries are answered within 24-48 hours.
Priority banking services for premium clients may be available, offering expedited support and dedicated relationship managers.
Most banks provide a callback option via request forms on their official website or mobile app.
Suryoday Small Finance Bank was founded in January 2017.
R. Baskar Babu is the founding CEO; ownership comprises a group of institutional and retail investors.
The company is registered in India under Indian banking and financial regulations.
Suryoday started as a microfinance institution, became a small finance bank in 2017, and has expanded services to retail banking and digital payments.
The transition from microfinance to small finance bank in 2017 marked a major update; branding has remained consistent with periodic service enhancements.
The board typically includes the CEO, independent directors, and representatives of major stakeholders; updated details are on the website’s “Board of Directors” page.
The bank’s investors include well-known institutional investors and partners; specifics can be found in annual reports or investor relations pages.
Suryoday Small Finance Bank is publicly listed on the Bombay Stock Exchange and National Stock Exchange of India.
Market capitalization is published on financial sites; updated live figures are available on the stock exchange listing pages.
The bank operates a network of branches across India but does not have subsidiaries outside its core banking segment.
Suryoday holds licenses from the Reserve Bank of India (RBI) to operate as a Small Finance Bank and conduct payment services.
Suryoday Small Finance Bank officially operates within India, in compliance with Indian banking regulations.
Indian small finance banks generally do not provide cryptocurrency-specific services or hold related licenses.
The bank complies with mandatory RBI guidelines for Anti-Money Laundering and Know Your Customer procedures.
Banks in India often comply with PCI DSS for card payments, along with ISO/IEC certifications for data security.
Regular internal and third-party security audits are standard; results are typically not publicly disclosed but may be referenced in annual reports.
Deposit insurance is provided under the Deposit Insurance and Credit Guarantee Corporation (DICGC), as per Indian regulations.
Compliance includes RBI standards, PCI DSS, ISO/IEC 27001, and global AML/KYC norms.
Regulatory fines, if any, are disclosed in financial statements; major violations are uncommon and subject to public disclosure.
Reviews are visible on platforms like Google Reviews, BankBazaar, Trustpilot, and on app store listings.
Common complaints include delays in customer service, technical difficulties in online banking, and branch service issues.
Users frequently praise accessible banking services, friendly staff, and comprehensive financial product offerings.
Withdrawal issues are infrequently reported; when present, these mostly concern delays or technical problems during peak periods.
The digital platforms receive generally positive feedback for ease of use, though occasional reports mention navigation challenges.
Most clients are satisfied with transaction speeds, especially for in-person and digital payments.
Recommendations are largely positive among users seeking community-focused banking and inclusive financial services.
Industry experts rate reliability as above-average for Indian small finance banks, noting robust compliance and steady operations.
Suryoday Small Finance Bank has received awards for financial inclusion and microfinance excellence from leading industry bodies.
The bank is listed among India’s top small finance banks in periodic rankings and sector reviews.
Positive remarks and regulatory guidance are issued by RBI for compliance with operational and security standards.
The bank maintains a strong reputation among partners for reliability, transparency, and commitment to customer-centric solutions.
The industry acknowledges Suryoday for innovations in digital payment solutions and financial inclusion programs.
Banks often hold ISO/IEC quality certificates and awards for service quality; details are typically available in annual disclosures.
Suryoday Small Finance Bank participates in major Indian banking, fintech, and microfinance industry conferences and seminars.
The bank positions itself as a leader in financial inclusion, digital payments, and community banking for underserved segments.
Suryoday supports Indian Rupees (INR); foreign exchange services may be available via specific products in partnership with other banks.
Small finance banks in India do not support cryptocurrencies due to regulatory restrictions.
Suryoday Small Finance Bank does not offer any proprietary cryptocurrency or token.
Currency conversion is not a core service but may be available for specific banking products upon request.
Exchange rates, when applicable, are sourced from partnered authorized dealers and updated regularly.
Exchange rates are typically updated daily when offered, based on current market movements.
Stablecoin support is not available as Indian banking regulations do not permit these services.
Handling of exotic currencies would be through third-party partnerships and is generally not offered by Small Finance Banks.
Currency restrictions apply as per Indian banking regulations and RBI guidelines; international currency operations are limited.
Supported transfer types include NEFT, RTGS, IMPS, UPI, and intra-bank transfers.
Transfers between Suryoday account holders are supported using NEFT, IMPS, and other digital modes.
Transfers to bank cards are generally facilitated via IMPS or UPI, subject to regulatory and card network rules.
Money can be transferred to other bank accounts using NEFT, RTGS, IMPS, and UPI services.
Bill payments are supported through internet banking, mobile app, and third-party integrations for utility and merchant bills.
Recurring payments can be set up via standing instructions, ECS, or scheduled transfers in the app and internet banking.
Automatic scheduled transfers are available through standing instructions or the mobile/internet banking platform.
Payment scheduling features are available in digital channels such as mobile and online banking.
Group payment features may not be native; collective payments can be organized via manual transaction splitting.
Payment link features are typically supported through UPI and third-party merchant integrations.
Minimum transaction amounts vary by transfer type; for NEFT/IMPS/UPI, the minimum can be INR1.
Maximum transaction limits depend on the mode: NEFT/RTGS/IMPS limits are set by RBI and vary from INR100,000 to INR2,000,000 per transaction.
Daily limits are set per account and transfer method; actual limits are provided during registration or in account details.
Monthly and annual limits are determined by account type, regulatory guidance, and user KYC tier.
Limit increases can be requested by submitting higher proof of income or upgraded KYC/verification documents to the bank.
Verified users enjoy higher transaction limits and access to advanced services.
New accounts may have lower initial transaction limits which can be increased after KYC verification.
Limits primarily apply within India; international residents are subject to stricter AML controls and reporting.
Temporary account blocking can be done on request or for security/fraud reasons; service is restored after resolution.
Transaction count restrictions are in place to prevent fraud and comply with regulatory norms.
Minimum deposit for account opening is typically INR1,000, but varies by account type.
Funding methods include cash deposit, cheque, NEFT/IMPS/RTGS, UPI, and mobile app transfers.
Funding via electronic means is generally free; cash and cheque handling fees may apply.
The minimum deposit is usually INR1,000 for savings accounts; other products may have different requirements.
Electronic funding through NEFT/IMPS/UPI are credited instantly or within a few hours; cheque deposits may take 1-3 working days.
Withdrawals can be made via ATM, branch cash withdrawal, NEFT/IMPS to other banks, or cheque.
ATM withdrawals may be free up to a limit; fees apply for excess or interbank transactions; NEFT/IMPS/RTGS fees depend on transaction values.
Withdrawals via ATM and IMPS are instant; NEFT and RTGS may take a few hours; cheque withdrawals take 1-3 days.
ATM and branch withdrawal limits per day are INR40,000 to INR100,000; online and inter-bank limits vary by mode.
Card funding is typically instantaneous or reflected within a few minutes.
NEFT transfers take 1-2 hours during banking hours; IMPS and UPI are instant; RTGS takes 30 minutes to 2 hours.
Cryptocurrency services are not supported.
Transfers between Suryoday accounts via IMPS or UPI are instant; NEFT/RTGS depend on settlement schedules.
Electronic transfers such as IMPS/UPI are instant even on weekends; NEFT/RTGS may be delayed on banking holidays.
Holiday schedules may delay NEFT/RTGS and cheque credits; IMPS/UPI remain active.
Urgent processing may be accommodated in branch for a fee; digital transfers are generally instant.
Funding speed depends on transfer type, transaction limits, bank working hours, and network status.
Transaction status notifications are sent via SMS, email, and in-app alerts.
Contact customer support with transaction details; banks will investigate and resolve delayed credits.
Withdrawal requests through ATM and IMPS/UPI are processed instantly, while branch or cheque requests may take longer.
ATM card withdrawals are instantaneous; POS cash withdrawal may take 1-2 days.
IMPS and UPI transfers are instant; NEFT/RTGS/bank transfers can take up to 2 hours or the next business day.
Cryptocurrency withdrawals are not supported.
Electronic withdrawals (IMPS/UPI) are available on weekends; branch withdrawals or NEFT/RTGS may be delayed.
Holidays may delay certain withdrawal types, especially those processed during branch hours.
Urgent ATM or branch withdrawal may have priority services for a fee, but online withdrawals are generally instant.
Withdrawal processing time is influenced by transfer mode, time of request, and banking network availability.
Notifications are issued via SMS, email, and mobile app for withdrawal status updates.
Requests can be canceled before processing via branch or app; online instant withdrawals usually cannot be canceled.
Registration is done by completing an account opening form and submitting KYC documents at a branch or via online channels.
Proof of identity, address, PAN card, and a passport-size photo are required for opening an account.
Registration can often be completed with just a mobile number and physical documents; email is optional.
Mobile phone confirmation is commonly required for account activation and transaction alerts.
Users must be at least 18 years old to open an account; minors require joint accounts with a guardian.
Corporate and business accounts can be opened by submitting company documentation and authorized signatory lists.
Accurate personal data and identity documents are mandatory for registration and compliance with RBI norms.
Accounts can be opened by Indian residents; NRI accounts are available with additional documentation.
Account activation typically takes 1-2 business days after submitting complete KYC documents.
Basic, full KYC, and enhanced verification levels exist, offering increased transaction limits and features.
Basic verification requires proof of identity (Aadhaar/PAN), address, and a recent photo.
Full verification needs additional documents like income proof and more comprehensive identity checks.
Scanned or digital copies are accepted during online registration; physical verification may be done later.
Verification is usually completed within 1-2 business days for standard accounts; corporate accounts may take longer.
Limited services may be available before full verification; transaction limits are lower until KYC is completed.
Unverified users have restricted transaction limits and access to specific banking products.
Address verification is required as part of KYC, either through documents or physical verification.
Some digital channels may request a selfie for identity proof, especially for online account openings.
Documents are updated upon major changes or as per RBI regulations, usually every few years or during periodic reviews.
Banks employ robust encryption, including SSL/TLS, for data transmission and storage security.
Two-factor authentication is supported for online and mobile banking via OTP, SMS, or biometric verification.
SMS confirmation is standard for banking transactions, enhancing security and alerting customers to activity.
Biometric authentication (fingerprint/face ID) is available in mobile apps and sometimes at ATMs.
Blockchain is not implemented in traditional banking systems; core banking follows standard secure protocols.
Multi-level security is employed, comprising encryption, user authentication, fraud monitoring, and access controls.
Personal data is protected by strict compliance with data privacy laws, encryption, access controls, and regular security audits.
Cryptocurrency storage practices do not apply as these services are not provided.
Banks use advanced network defense measures, such as firewalls and DDoS protection, to secure online platforms.
Regular internal and external audits assess security systems and compliance with regulatory standards.
Anti-phishing tools, educational communications, and warning banners are used to protect clients from phishing attempts.
Advanced monitoring detects suspicious transactions using AI and analytics, with alerts sent to compliance teams.
AML programs include transaction monitoring, reporting, customer due diligence, and constant staff training.
Accounts showing suspicious activity are blocked or frozen pending further investigation, according to regulations.
If fraud is suspected, customers should report immediately to customer support and block the account using available channels.
Suspicious activity can be reported via the helpline, email, or branch visit; dedicated forms may be available online.
Compensation for fraud losses is considered on a case-by-case basis, according to banking and insurance policies.
Users may raise disputes formally; the bank investigates and responds according to policy and regulatory norms.
Disputes can be raised via customer care or written complaint; resolution takes place after bank investigation.
Some financial products may include cyber insurance; protection is mainly through robust security and fraud prevention.
Fees vary by transfer type: IMPS, NEFT, RTGS have standard rates; UPI is generally free for retail transactions.
Account funding by electronic means is typically free; cash or cheque deposits may incur nominal charges.
ATM withdrawals may be free up to a limit; excess or external ATM withdrawals are chargeable.
Fees for conversion, if available, are charged as per the service provider’s guidelines and are communicated to clients in advance.
Cancelation fees, if any, are disclosed in the schedule of charges, usually for bill payment or transfer reversal.
Banks publish all fees transparently in the schedule of charges available on the official website.
Large transaction fees are based on tiered rates set by RBI regulations and bank policy.
Various account types and tariff plans are offered for retail, business, and premium customers.
VIP and premium accounts grant higher limits, dedicated managers, faster support, and exclusive product access.
Preferential terms are available for high-value clients, those with multiple products, or through negotiated agreements.
Many account plans provide a certain number of free transactions per month; details are outlined in account features.
Active users may receive periodic rewards, fee discounts, or increased transaction limits via loyalty programs.
Corporate and business banking clients enjoy specialized tariff plans with preferential rates and features.
Individual terms may be negotiated for large-volume, VIP, or corporate clients.
Promotional programs may be available periodically, offering fee reductions through codes.
Cashback is commonly offered on select debit card purchases and promotional campaigns.
Volume-based discounts are available for corporate clients and high-frequency business operations.
Yes, Suryoday Small Finance Bank offers an official mobile banking application.
The app is available on Android and iOS platforms.
Functions include balance inquiry, fund transfer, bill payments, account management, and transaction status tracking.
Mobile and web platforms have similar core banking functions, though mobile may offer push notifications and biometric login.
Biometric authentication is supported for login and payments in the mobile app.
Offline banking features are limited; transaction processing requires internet connectivity.
Push notifications are available for transaction alerts, account updates, and promotional offers.
Dark theme support may be available in newer app and web platform versions.
Updates are released regularly to include new features, security patches, and UI improvements.
Beta programs for early access to new features may be available on request.
The web interface is designed for ease of use, offering clear navigation and access to key banking functions.
Responsive design ensures compatibility and usability on different devices and screens.
The web and app interfaces support English and major regional Indian languages.
Night or dark mode is available in modern web and mobile platforms.
Hotkey support is not typically standard but may be available for accessibility on web platforms.
Account statements and transaction histories can be exported in PDF or Excel formats.
APIs may be offered for corporate clients and partners; developers can request documentation for integration.
Integration with UPI, billers, POS systems, and other financial services is supported.
Regular updates are issued to ensure compliance, add new features, and improve user experience.
Virtual debit cards are commonly offered for secure online transactions.
Disposable or single-use virtual cards may be provided for enhanced online payment security.
Multi-currency accounts are not standard for small finance banks; INR is primarily supported.
Investment products include fixed deposits, recurring deposits, and insurance-linked savings.
Savings and fixed deposit accounts earn interest as per RBI guidelines and bank rates.
Credit products comprise loans, overdrafts, microfinance, and business financing.
P2P trading is not standard for small finance banks but may be available via partnered platforms.
Cryptocurrency trading is not supported due to Indian banking regulations.
Merchant acquiring and payment processing solutions are provided for business clients.
Mass payout capabilities are available for corporate clients through bulk payment modules.
Loyalty programs provide rewards and points for debit card transactions and active account use.
Points are earned by using debit cards, making purchases, or completing eligible transactions.
Many debit card operations and select transactions offer cashback rewards.
Referral programs incentivize clients to invite new users, often via bonus points or gifts.
VIPs get higher transaction limits, priority service, exclusive products, and dedicated account managers.
Seasonal promotions include festival offers, rate discounts, and special product launches.
Premium status can be obtained by meeting account balance or product criteria set by the bank.
Partner merchants offer discounts to bank customers from time to time.
Corporate loyalty schemes provide bulk transaction discounts and exclusive business benefits.
Indian banks generally block transactions related to online gambling sites per regulatory frameworks.
Gambling transactions are restricted and often blocked by payment filters as directed by the RBI.
Accounts associated with unauthorized gambling transactions may be blocked or reported.
Gambling is considered a high-risk transaction; most Indian banks prohibit payments to gaming sites.
Special terms for gambling transactions are typically restrictive due to regulatory oversight.
Transactions are monitored, and flagged if associated with suspicious or prohibited gambling activities.
All transactions are recorded and transparent for compliance; hiding gaming-related activity is not supported.
Notifications for flagged spending categories are sent for security but not specifically for gambling.
Special fees for gambling payments are not applicable as such transactions are blocked.
Limits and blocks can be applied to suspicious or flagged categories, including gambling as per risk policy.
Self-exclusion from certain transaction categories may be requested for responsible banking.
Payments and transactions to gambling sites are restricted per RBI guidelines and internal policies.
Expense control and monitoring tools are available for flagged spending categories.
Alerts are sent when user-set or regulatory transaction limits are exceeded.
Casino transactions can be blocked automatically if they violate bank or regulatory policies.
Transaction analytics are available but not gambling-specific, as such payments are restricted.
Account cooling-off or temporary blocks can be requested for risk management purposes.
General advice and professional help referrals are available via customer support.
Partnerships with responsible gaming organizations are rare in banking; help is offered via customer care.
Notifications for flagged spending are configured via app or support, but category-specific alerts are limited.
Indian regulatory policies prevent the use of domestic banking services for most online casinos.
Exclusive casino payment partnerships are not available due to Indian banking laws.
Payment conditions do not apply as transactions to gambling entities are blocked.
Casino-related bonuses are not available since banking transactions to such sites are prohibited.
Deposits and withdrawals to online casinos are not permitted under Indian banking laws.
Use of banking payment methods for casinos is restricted throughout India as per RBI regulations.
Casino transactions are blocked or rejected by Indian banking networks.
Processing times do not apply since casino-related transactions are blocked.
Fees are not relevant as transactions to casinos are prevented on the network level.
Compatibility issues exist as Indian banks, including Suryoday, do not support payments to major casino platforms.