MICR Code: 500025057

Bank: Syndicate Bank
IFSC Code: Synb0003055
MICR Code: 500025057
Address: H No.1 By A, Mch No.8-3-191 By 6 Vengalrao Nagar Sanjeeva Reddy Ngr Post Ap 500 038
City: Hyderabad Urban
District: Hyderabad
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 500025057.

  • In this case first three codes 500 is city code and it represents city Hyderabad Urban.
  • Next three characters 025 represents bank Syndicate Bank.
  • Remaining characters which are 057 represents branch. In our case branch is located at address H No.1 By A, Mch No.8-3-191 By 6 Vengalrao Nagar Sanjeeva Reddy Ngr Post Ap 500 038.

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.