MICR Code: 502025104

Bank: Syndicate Bank
IFSC Code: Synb0003400
MICR Code: 502025104
Address: Kothur Bmadhunagar Postzaheerabad Mandalpin 502 228
City: Medak
District: Kothur
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 502025104.

  • 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 104 represents branch. In our case branch is located at address Kothur Bmadhunagar Postzaheerabad Mandalpin 502 228.

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.