MICR Code: 497025001

Bank: Syndicate Bank
IFSC Code: Synb0007915
MICR Code: 497025001
Address: Ambikapur , Raipur Chattisgarh
City: Surguja
District: Ambikapur
State: Chandigarh

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 497025001.

  • In this case first three codes 497 is city code and it represents city Surguja.
  • Next three characters 025 represents bank Syndicate Bank.
  • Remaining characters which are 001 represents branch. In our case branch is located at address Ambikapur , Raipur Chattisgarh.

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.