MICR Code: 582025203

Bank: Syndicate Bank
IFSC Code: Synb0001218
MICR Code: 582025203
Address: Nargund, Ron, Main, Road, Belavanki, Ron, Taluk, Gadag, Dist, Pin,582,202
City: Gadak
District: Belavanki
State: Karnataka

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 582025203.

  • In this case first three codes 582 is city code and it represents city Gadak.
  • Next three characters 025 represents bank Syndicate Bank.
  • Remaining characters which are 203 represents branch. In our case branch is located at address Nargund, Ron, Main, Road, Belavanki, Ron, Taluk, Gadag, Dist, Pin,582,202.

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.