MICR Code: 502025105

Bank: Syndicate Bank
IFSC Code: Synb0003403
MICR Code: 502025105
Address: Hadnur Postnyalkal Mandalzaheerabad Talukpin 502 251
City: Medak
District: Hadnur
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 502025105.

  • In this case first three codes 502 is city code and it represents city Medak.
  • Next three characters 025 represents bank Syndicate Bank.
  • Remaining characters which are 105 represents branch. In our case branch is located at address Hadnur Postnyalkal Mandalzaheerabad Talukpin 502 251.

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.