MICR Code: 530025009

Bank: Syndicate Bank
IFSC Code: Synb0003590
MICR Code: 530025009
Address: D No 2 30 26 Plot No 22 Sec 7 Sbi Colony Main Rd Mvp Volony 530017
City: Visakhapatnam
District: Visakhapatnam
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 530025009.

  • In this case first three codes 530 is city code and it represents city Visakhapatnam.
  • Next three characters 025 represents bank Syndicate Bank.
  • Remaining characters which are 009 represents branch. In our case branch is located at address D No 2 30 26 Plot No 22 Sec 7 Sbi Colony Main Rd Mvp Volony 530017.

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.