MICR Code: 518025106
| Bank: Syndicate Bank |
| IFSC Code: Synb0003399 |
| MICR Code: 518025106 |
| Address: Door No 29 By 196 Tekke Nandyal 518502 Kurnool Dist |
| City: Nandyal |
| District: Nandyal |
| 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 518025106.
- In this case first three codes 518 is city code and it represents city Nandyal.
- Next three characters 025 represents bank Syndicate Bank.
- Remaining characters which are 106 represents branch. In our case branch is located at address Door No 29 By 196 Tekke Nandyal 518502 Kurnool Dist.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.