MICR Code: 523025582

Bank: Syndicate Bank
IFSC Code: Synb0003650
MICR Code: 523025582
Address: Ratham Roadnearer To Krishnamurthy Rice Millnear Raghavendra Picture Palace Podili 523240
City: Prakasham
District: Podili
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 523025582.

  • In this case first three codes 523 is city code and it represents city Prakasham.
  • Next three characters 025 represents bank Syndicate Bank.
  • Remaining characters which are 582 represents branch. In our case branch is located at address Ratham Roadnearer To Krishnamurthy Rice Millnear Raghavendra Picture Palace Podili 523240.

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.