MICR Code: 524025502

Bank: Syndicate Bank
IFSC Code: Synb0003470
MICR Code: 524025502
Address: 12-234 Annapurna Complex, Old Bus Stand Road, Udayagiri,, Nellore ,524 226
City: Nellore
District: Udayagiri
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 524025502.

  • In this case first three codes 524 is city code and it represents city Nellore.
  • Next three characters 025 represents bank Syndicate Bank.
  • Remaining characters which are 502 represents branch. In our case branch is located at address 12-234 Annapurna Complex, Old Bus Stand Road, Udayagiri,, Nellore ,524 226.

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.