MICR Code: 503025110

Bank: Syndicate Bank
IFSC Code: Synb0003524
MICR Code: 503025110
Address: Gandivetvia Yellareddygandhari Mandalpin 503 122
City: Nizamabad
District: Gandivet
State: Andhra Pradesh

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 503025110.

  • In this case first three codes 503 is city code and it represents city Nizamabad.
  • Next three characters 025 represents bank Syndicate Bank.
  • Remaining characters which are 110 represents branch. In our case branch is located at address Gandivetvia Yellareddygandhari Mandalpin 503 122.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.