Suryoday Small Finance Bank

Small Finance Bank Sector

“Bright Future, Better Banking”

Suryoday Small Finance Bank, headquartered in Navi Mumbai, Maharashtra, commenced banking operations in January 2017 after receiving the SFB license from the RBI. Converted from Suryoday Micro Finance, the bank has a strong microfinance heritage and continues to serve low-income women borrowers through its joint liability group lending model. Today, Suryoday SFB has diversified into a full-range small finance bank offering savings accounts, fixed deposits, recurring deposits, microfinance loans, small business loans, home loans, vehicle loans, and gold loans. The bank is known for offering some of the highest fixed deposit rates in India, making it attractive to retail investors and senior citizens seeking safe, high-yield deposits. Suryoday SFB's branch network spans Maharashtra, Tamil Nadu, Odisha, Madhya Pradesh, and other states. Its digital capabilities include a modern mobile banking app, internet banking portal, and UPI payment services. DICGC insured, RBI regulated, and listed on BSE and NSE, Suryoday SFB is a trusted and credible financial institution. The bank's commitment to social impact, financial inclusion, and responsible banking makes it a standout performer in the SFB sector. Suryoday SFB is particularly well-suited for customers looking for higher FD returns, women-centric micro credit, and a bank with genuine community roots.