MICR Code: 403025016
| Bank: Syndicate Bank |
| IFSC Code: Synb0007217 |
| MICR Code: 403025016 |
| Address: Panchayat Ghar Building, Macasana, Via Curtorim, Salcete Taluk, Dist South Goa, Goa 403709 |
| City: South Goa |
| District: Macasana |
| State: Goa |
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 403025016.
- In this case first three codes 403 is city code and it represents city South Goa.
- Next three characters 025 represents bank Syndicate Bank.
- Remaining characters which are 016 represents branch. In our case branch is located at address Panchayat Ghar Building, Macasana, Via Curtorim, Salcete Taluk, Dist South Goa, Goa 403709.
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.