MICR Code: 502025203

Bank: Syndicate Bank
IFSC Code: Synb0003405
MICR Code: 502025203
Address: Kulcharamkulcharam Postvia Rangampetkulcharam Mandalpin 502 381
City: Medak
District: Kulcharam
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 502025203.

  • 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 203 represents branch. In our case branch is located at address Kulcharamkulcharam Postvia Rangampetkulcharam Mandalpin 502 381.

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.